Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Tampa Office Tower Title is generated by Realmo AI

    100 Ashley Drive South, Tampa, FL 33602

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    22-story office tower with bay and downtown views.

    Type:Office
    Property size:
    59,000 SF
    Added:
    Mar 25, 2026
    Days on Market:
    55
    Last Refresh:
    Mar 18 at 7:54 am

    Property Features for 100 Ashley Drive South

    General Information

    Standard status
    Active
    Size
    59,000 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Barry Hanerfeld

    Listing agent Barry Hanerfeld License #568445

    Listing office CBRE - Tampa

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Tampa

    HighLights

    • Premier Location: Excellent access to major expressways (Selmon, I‑275, I‑4) and proximity to key destinations.
    • Stunning Views: Offers panoramic views of Hillsborough Bay, Hillsborough River, and the Downtown Skyline.
    • On‑Site Amenities: Features a first‑class fitness center, café, conference facility, and expansive tenant lounge with WiFi.
    • Convenient Transportation: Within the service area of DASH ride share and walking distance to the TECO Line Streetcar.
    • Walkable to Dining and Hospitality: Located within walking distance of over 50 restaurants and hotels.
    • On‑Site Banking: Includes a Wells Fargo Bank Branch and ATM for convenient banking services.

    Overview

    This 22-story office tower encompasses 387,000 square feet and offers views of Hillsborough Bay, the Hillsborough River, and the downtown skyline. It features a Wells Fargo Bank branch with an ATM, a first-class fitness center equipped with high-end equipment and locker rooms, and a café serving breakfast and lunch. The property also includes a conference facility and an expansive tenant lounge with free WiFi, TV, and iPad chairs. A building shuttle service is available. The location provides excellent access to the Selmon Expressway, I-275, I-4, Harbour Island, South Tampa, and Davis Islands. It is situated less than 1 mile from the Tampa Riverwalk, Curtis Hixon Waterfront Park, the Straz Center, the Tampa Convention Center, Amalie Arena, Sparkman Wharf, Water Street, and the Hillsborough County Courthouse. Over 50 restaurants and hotels are within walking distance. The property is within the service area of DASH, a ride share service throughout Downtown, and the historic TECO Line Streetcar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gilbane Building Company Construction Company Wise Property Management Property Management Company SquareOne Home Consulting Hardware & Home Improvement Carlton Fields, P.A. ... Law Firm Fugate Rachel Law Firm

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4588732
    Latitude
    27.9453337

    Nearby Similar for Lease

    • $2,153/Mo
      1,292 SF

      Gunn Highway Commercial Space

      Versatile commercial space in high-traffic location on Gunn Highway.
      4435 GUNN HIGHWAY, TAMPA, FL 33618
      View Details
    • $6,000/Mo
      2,280 SF

      Downtown Tampa Commercial Office Space

      High-visibility 1,500 SF office space in downtown Tampa.
      1006 N FLORIDA AVENUE, TAMPA, FL 33602
      View Details
    • $4,000/Mo
      5,129 SF

      Charming Bungalow Office Conversion

      1922 bungalow converted to professional office space for rent.
      5409 N FLORIDA AVENUE, TAMPA, FL 33604
      View Details
    • $2,750/Mo
      1,690 SF

      Furnished Corner Office Space Available

      Move-in ready, furnished office with flexible lease terms near I-275.
      1046 W BUSCH BOULEVARD, TAMPA, FL 33612
      View Details
    • $3,000/Mo
      1,274 SF

      Turnkey Office Condo in Tampa

      Professional office condo for lease in a prime Tampa location.
      5404 HOOVER BOULEVARD, TAMPA, FL 33634
      View Details
    • $2 SF/Yr
      1,356 SF

      Class A Office Space Available

      Premium office space in Tampa Bay's convenient business district.
      2701 N ROCKY POINT DRIVE, TAMPA, FL 33607
      View Details
    • $19 SF/Yr
      1,500 SF

      Tampa Retail or Office Space

      1500 sqft retail/office space with offices, kitchen, bathroom, open area.
      14202 N NEBRASKA AVENUE, TAMPA, FL 33613
      View Details
    • $6,500/Mo
      3,480 SF

      Tampa Commercial Space with Patio

      2,000 SF commercial space with outdoor seating area.
      3918 N BOULEVARD, TAMPA, FL 33603
      View Details
    • $850/Mo
      23,346 SF

      Move-In Ready Furnished Office Space

      Furnished office space with included amenities in Tampa, Florida.
      1211 TECH BOULEVARD, TAMPA, FL 33619
      View Details
    • $10,011/Mo
      4,792 SF

      High-Exposure Commercial Building Near Busch Gardens

      Two-story commercial building with high visibility and flexible configuration.
      3601 E Busch Boulevard, Tampa, FL 33612
      View Details
    • $3,000/Mo
      1,291 SF

      Tampa Medical Office For Rent

      Commercial space suitable for medical, wellness, or general office use.
      3713 W MCKAY AVENUE, TAMPA, FL 33609
      View Details
    • $2,100/Mo
      5,400 SF

      Industrial/Commercial Unit on Adamo Drive

      Industrial/commercial unit with office space, high visibility, and secure perimeter.
      6102 E ADAMO DRIVE, TAMPA, FL 33619
      View Details

    FAQs

    What type of property is this?
    Office building - 22-story office tower with bay and downtown views.
    Where is this office building located?
    The property is located at 100 Ashley Drive South Tampa, FL.
    What are key features of this property?
    This property features: Premier Location: Excellent access to major expressways (Selmon, I‑275, I‑4) and proximity to key destinations.; Stunning Views: Offers panoramic views of Hillsborough Bay, Hillsborough River, and the Downtown Skyline.; On‑Site Amenities: Features a first‑class fitness center, café, conference facility, and expansive tenant lounge with WiFi.
    (813) 334-7561
    We can help!
    Listing Contact
    Barry Hanerfeld
    Real Estate License ID: 568445
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    100 Ashley Drive South, Tampa, FL, 33602
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!