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300 N Franklin St 6,036 SF 100% Leased Office Building Tampa, FL 33602 $3,499,000 ($579.69/SF)

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INVESTMENT HIGHLIGHTS

Irreplaceable Real Estate
Ideal for family office or law firm on 2nd floor with Chase Bank producing income on 1st floor.

Chase Bank lease expires April 30, 2031. Further details with signed NDA.
6 offsite parking spaces available

EXECUTIVE SUMMARY

Rare opportunity to purchase a highly desired office space with ground floor retail in the heart of downtown Tampa. Ideally located with many restaurants, hotels, and events within walking distance. The space consists of 3,053 SF on the 2nd floor and 2,983 SF on 1st floor. Enter the building through a beautifully renovated shared lobby and a grand curved staircase. The 1st floor is currently leased to Chase Bank with 2nd floor vacant ready for owner occupant or investment. The 2nd floor has 6 large private offices, 4 of which include fireplaces, breakroom, 2 restrooms, and conference room and can be fully furnished.

Offering Memorandum

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Building Size

6,036 SF

Building Class

Year Built

1889

Price

$3,499,000

Price Per SF

$579.69

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

3,018 SF

Building FAR

1.98

Lot Size

0.07 AC

Opportunity Zone

Yes

Zoning

CBD-1

Parking

6 Spaces (0.99 Spaces per 1,000 SF Leased)

MAJOR TENANTS

Finance and Insurance
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Chase Bank, officially JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., the largest bank in the United States by assets. Its origins trace back to The Manhattan Company, founded in 1799, and Chase National Bank, established in 1877. The two merged in 1955 to form Chase Manhattan Bank, which later combined with J.P. Morgan & Co. in 2000 to create JPMorgan Chase & Co. Today, Chase provides a wide range of financial services, including retail banking, credit cards, mortgages, auto loans, and business banking. Headquartered at 270 Park Avenue in New York City, JPMorgan Chase operates globally and trades publicly on the NYSE under the ticker symbol JPM. The company employs over 317,000 people and manages assets exceeding $4 trillion. [en.wikipedia.org], [en.wikipedia.org], [bing.com]