410 Ware Blvd Tampa, FL 33619

Property Details for 410 Ware Blvd

Year built

1974

Construction

STEEL FRAME

Lot size

5.40 lot acres

Property size

170,054 SF

Zone code

PD

Property type

Office buildings

APN

U1929202DD000000D00006

APU

U1929202DD000000D00006

Description

This 12-story, 139,767 square foot Class B office building in Tampa, Florida, presents a compelling value-add investment opportunity. Located at 410 S Ware Blvd, in Hillsborough County (zip code 33619), this multi-tenant property boasts 45 tenants and a 61.9% occupancy rate. Built in 1973 and renovated in 2020, the building features efficient floor plates suitable for various-sized businesses. The property sits on a 5.395-acre lot and offers 428 parking spaces (a 3.05:1,000 ratio). Its prime location within a thriving commercial and residential corridor provides excellent access to major roadways including Interstate 75, US 301, and State Road 60, connecting it to key destinations throughout the Tampa MSA and nearby residential communities like Brandon, Bloomingdale, Valrico, and Fish Hawk. The building's proximity to numerous retail destinations, including Brandon Crossings and Westfield Brandon Town Center Mall, further enhances its appeal. The asking price is $15,000,000, translating to $107.32 per square foot. The gross lease structure and diverse tenant roster provide a secure income stream, with significant upside potential through lease-up of the remaining vacant space (over 53,211 SF) within a growing labor market. This property offers a steep discount to replacement cost and exceptional regional connectivity.

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Longitude

-82.3468

Latitude

27.9466

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments