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12470 Telecom Dr
Tampa, FL 33637
Cardinal Point Riverside at Telecom Park · Office Property For Sale

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.

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
76%
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

Property Taxes

Property Taxes

Parcel Number
T-11-28-19-53G-000000-0005B.0
Land Assessment
$5,779,424 CAD
Improvements Assessment
$21,951,988 CAD
Total Assessment
$27,731,412 CAD
  • Listing ID: 32877789

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 12470 Telecom Dr, Tampa, FL 33637

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