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Cardinal Point Riverside at Telecom Park 12470 Telecom Dr 172,800 SF 56% Leased 4-Star Office Building Tampa, FL 33637 For Sale

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INVESTMENT HIGHLIGHTS

  • Situated along the Hillsborough River's shores in northeast Tampa, featuring high-end granite and reflective glass exterior construction.
  • Surrounded by premier hospitality, medical, and retail properties, find office space in one of the region’s most desirable mixed-use developments.
  • Conveniently located in the Tampa Telecom Park with ample surface-grade parking and hassle-free access to I-275, I-75, and US Hwy 301.
  • Impress visitors in the grand five-story atrium, and over $2M invested in capital improvements to provide a modern workplace experience.
  • Benefit from a well-educated labor force with proximity to USF and over 86% of the local population receiving a high school diploma or higher.

EXECUTIVE SUMMARY

Cardinal Point Riverside at Tampa Telecom Park presents the perfect owner/user opportunity. This five-story Class A office building is situated along the beautiful Hillsborough River's northern shores. Tampa Telecom Park is an outstanding mixed-use development with best-in-class office, medical, hospitality, and retail properties, making it one of the largest and most sought-after corporate business parks in the region.

Situated on 16.79 acres, the 170,195-square-foot building features high-end granite and reflective glass exterior construction, spectacular waterfront views, efficient and flexible floor plates, 8-inch raised floors, and floor-to-ceiling glass, inviting abundant natural light into every space. Occupants also enjoy monument signage, a grand concentric driveway, an electronic directory in the lobby, and ample surface-grade parking. Recent capital improvements totaling over $2 million provide a contemporary and inviting workplace environment and make a strong first impression on visitors by greeting them inside the building’s soaring five-story atrium.

Tampa Telecom Park is located in the Northeast Tampa submarket of Hillsborough County, with a strong and well-educated labor force benefiting from proximity to the University of South Florida. For commuters, travel to and from the property with little to no hassle with access to Interstates 275 and 75 and US Highway 301 within minutes. This high-quality corporate campus possesses all the core characteristics necessary to enhance long-term value and meet all business needs.

SALE FLYER

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
172,800 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1989/2010
Percent Leased
56%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
34,560 SF
Slab To Slab
15’
Building FAR
0.24
Lot Size
16.62 AC
Zoning
PROF - Professional Office
Parking
681 Spaces (3.94 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Signage
  • Kitchen
  • Central Heating
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101W
  • 3,665 SF
  • Office
  • Full Build-Out
  • Now

3,665 SF Office Space -Large Training/Conference Room -4 Offices -Break Room -Large Open Space Lots of natural light! Located directly off of 5 story building atrium.

  • 2nd Fl-Ste 200E
  • 11,892 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 200W
  • 17,793 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 250E
  • 5,767 SF
  • Office
  • Partial Build-Out
  • Now

5,767SF of open office space with private offices.

  • 5th Fl-Ste 500-550
  • 3,048-36,518 SF
  • Office
  • Full Build-Out
  • Now

This full floor availability is able to be divided into the following arrangements: 3,048, 6,276, 9,096, and 18,500 square feet.

Space Size Space Use Condition Available
1st Fl-Ste 101W 3,665 SF Office Full Build-Out Now
2nd Fl-Ste 200E 11,892 SF Office Full Build-Out Now
2nd Fl-Ste 200W 17,793 SF Office - Now
2nd Fl-Ste 250E 5,767 SF Office Partial Build-Out Now
5th Fl-Ste 500-550 3,048-36,518 SF Office Full Build-Out Now

1st Fl-Ste 101W

Size
3,665 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200E

Size
11,892 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200W

Size
17,793 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 250E

Size
5,767 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Fl-Ste 500-550

Size
3,048-36,518 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101W

Size 3,665 SF
Space Use Office
Condition Full Build-Out
Available Now

3,665 SF Office Space -Large Training/Conference Room -4 Offices -Break Room -Large Open Space Lots of natural light! Located directly off of 5 story building atrium.

2nd Fl-Ste 250E

Size 5,767 SF
Space Use Office
Condition Partial Build-Out
Available Now

5,767SF of open office space with private offices.

5th Fl-Ste 500-550

Size 3,048-36,518 SF
Space Use Office
Condition Full Build-Out
Available Now

This full floor availability is able to be divided into the following arrangements: 3,048, 6,276, 9,096, and 18,500 square feet.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
12,036
81,650
197,398
2024 Population
11,446
82,620
203,543
Population Growth '20-'24
-4.9%
1.2%
3.1%
2020 Households
5,206
34,049
77,783
2024 Households
4,933
34,251
79,836
Household Growth '20-'24
-5.2%
0.6%
2.6%
Average Age
38
36
36
Median Household Income
$60,234
$46,843
$42,107
Daytime Employees
4,439
54,964
102,791
Total Businesses
716
5,544
10,601
College Degree + Higher
43%
33%
25%
$ values in USD

NEARBY AMENITIES

HOTELS

Residence Inn
78 rooms
4 min drive
Holiday Inn Express
92 rooms
4 min drive
Hilton Garden Inn
148 rooms
5 min drive
Courtyard
81 rooms
6 min drive
Embassy Suites by Hilton
247 rooms
10 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T-11-28-19-53G-000000-0005B.0
Land Assessment
$5,953,847 CAD
Improvements Assessment
$28,650,007 CAD
Total Assessment
$34,603,854 CAD

SALE ADVISOR

SALE ADVISOR

KC Tenukas, Executive Vice President
K.C. Tenukas is the Executive Vice President with Stream Realty in Tampa, Florida. K.C. has more than 16 years’ experience working in the Tampa Bay market. In addition to tenant representation, K.C. has worked on several significant Class A office projects on the agency leasing side, ground up mixed use developments, multi-market lease transactions, build-to-suits, and advisory services to real estate investment groups. He has completed more than 10 million-sq.-ft. of commercial real estate transactions. In 2016, K.C. was awarded the NAIOP Office Deal of the Year and most recently advised AAA as part of a Tampa Bay expansion and consolidation resulting in the construction of Renaissance Park IV (150,000 SF relocation/consolidation/new construction).
  • Listing ID: 32877789

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 12470 Telecom Dr, Tampa, FL 33637

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