Renovated Tampa Office Building For
For Sale
Contact for pricing
4406 W Linebaugh Ave, Tampa, FL 33624
Class A office building with recent renovations and sustainable features.
Property Size52,947 SF
Lot Size7.21 Acres
Price / SF$188.87
Days on Market154
Property Features for 4406 W Linebaugh Ave
General Information
Standard status
Active
Size
52,947 SF
Class
A
Lot size
7.21 Acres
Property subtype
Office
Zoning
M
Occupancy
66%
Lease Type
NNN
Building Details
Year Built
1992
Year Renovated
2023
Buildings
1
Stories
3
Units
194
Tenancy
Multi
Listing Agency:
John Burpee & Associates
Listed By:
John Burpee · License #FL cq1057398
(727) 585-2070
Source:
Crexi
Added: May 14
Changed: Oct 10
Last Checked: Oct 12 at 8:03PM
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 John Burpee & Associates
Investment Insights
Based on property information with market context.
Located in Tampa, Florida, this Class A office asset offers a rare investment opportunity. The three-story building, encompassing approximately 52,947 square feet, is situated on a 7.21-acre parcel zoned M (Manufacturing), suitable for office, flex, and commercial uses. Originally built in 1992, the property underwent a comprehensive renovation from 2023 to 2024, resulting in a modern workplace environment. A dramatic three-story atrium, filled with natural light, highlights the building. Renovations included interior office spaces, common areas, bathrooms, a new roof, and atrium roof window seals. Functional amenities include a loading dock, an efficient building layout, and 194 on-site parking spaces. In January 2025, a major capital improvement replaced the main chiller plant, enhancing mechanical efficiency. A 457-panel solar array positions the property as a leader in sustainability, with projected electricity cost savings of approximately $2,000,000 over five years. The building achieved the execution of 12 leases with terms ranging from 3 to 5 years within a single year. The property benefits from a strategic Tampa location near established residential neighborhoods, providing access to a deep labor pool and convenient commute options. Tenants have close access to restaurants, retail, and daily services. The site is located near Tampa International Airport, major highways, and interstates, allowing for efficient regional connectivity. The property at 4406 W. Linebaugh Avenue represents a fully renovated Class A office opportunity with sustainability credentials, flexible zoning, ample parking, and proven leasing momentum.
Key Highlights
- Fully renovated (2023‑2024) Class A office building offering a modern, turnkey environment.
- Significant cost savings with a 457‑panel solar array, projecting $2,000,000 in electricity savings over five years.
- M (Manufacturing) zoning allows for a wide range of office, flex, and commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$719,550
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,391,000
$14.4M
Cap Rate 7%
$10,279,286
$10.3M
Cap Rate 9%
$7,995,000
$8.0M
Market Conditions
NOI Build-Up for 52,947 SF
Gross rent
$1.27M $24.00/SF
− Vacancy
−$311.3K −$5.88/SF
EGI
$959.4K $18.12/SF
− OpEx
−$239.8K −$4.53/SF
NOI
$719.5K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,391,000
Cap Rate 7%
$10,279,286
Cap Rate 9%
$7,995,000
Alternative Uses
Best Use
Office B
$10.28M
$8.99M – $11.99M
NOI $719,550 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.34M
$10.79M – $14.39M
NOI $863,460 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 33624, FL
38,929
Population
15,838
Households
2.5
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
4,278
Density / Sq Mi
$81,039
Median Household Income
$46,807
Median Earnings
$1,658
Median Rent
$353,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Class A office building with recent renovations and sustainable features.
Where is this office building located?
The property is located at 4406 W Linebaugh Ave Tampa, FL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Fully renovated (2023‑2024) Class A office building offering a modern, turnkey environment.; Significant cost savings with a 457‑panel solar array, projecting $2,000,000 in electricity savings over five years.; M (Manufacturing) zoning allows for a wide range of office, flex, and commercial uses.
