4406 W Linebaugh Ave 52,947 SF Office Building Tampa, FL 33624 $10,000,000 ($188.87/SF) 7.98% Cap Rate

Take advantage of this rare investment opportunity! Premier Class A office asset located in the heart of Tampa, Florida (33624). The three-story building encompasses approximately 52,947 square feet and sits on a generous 7.21-acre parcel zoned M (Manufacturing), allowing for a wide range of office, flex, and commercial uses. Originally constructed in 1992, the property underwent a comprehensive, top-to-bottom renovation in 2023–2024, transforming it into a highly competitive, modern workplace asset. The building is highlighted by a dramatic three-story atrium, flooded with natural light, creating a luxurious and lasting first impression for tenants and visitors. Renovations included all interior office spaces, common areas, bathrooms, a new roof, and atrium roof window seals, delivering a turnkey, Class A environment. Additional functional amenities include a loading dock, efficient building layout, and 194 on-site parking spaces, providing excellent parking ratios rarely found in comparable office properties.
In January 2025, ownership completed a major capital improvement with the replacement of the main chiller plant, significantly enhancing mechanical efficiency and long-term reliability. Additionally, the installation of a 457-panel solar array positions the property as a leader in sustainability, with projected electricity cost savings of approximately $2,000,000 over a five-year period for both landlord and tenants—an increasingly valuable differentiator in today’s market. The asset’s performance underscores its desirability. Represented by our team as exclusive leasing agents, the building achieved the execution of 12 leases with terms ranging from 3 to 5 years within a single year, reflecting strong tenant demand and the effectiveness of both the renovation and leasing strategy.
Location & Area Benefits
The property benefits from a strategic Tampa location supported by a diverse and growing employment base, including healthcare, professional services, technology, manufacturing, and logistics. Its proximity to established residential neighborhoods provides a deep labor pool and convenient commute options for employees. Tenants enjoy close access to a wide array of restaurants, retail, and daily services, enhancing the overall workday experience. The site is also conveniently located near Tampa International Airport, as well as major highways and interstates, allowing for efficient regional connectivity throughout Tampa Bay and beyond.
Conclusion
4406 W. Linebaugh Avenue represents a rare, fully renovated Class A office opportunity with strong sustainability credentials, flexible zoning, ample parking, and proven leasing momentum. The combination of significant capital investment, energy-efficient infrastructure, and a highly accessible Tampa location positions this asset for continued long-term success and tenant demand.