Henderson Pointe 3314 Henderson Blvd 17,070 SF 94% Leased Office Building Tampa, FL 33609 $6,493,488 CAD ($380.40 CAD/SF) 6.91% Cap Rate

John Burpee & Associates is pleased to present an exceptional opportunity to acquire The Henderson Pointe Office Building, a highly visible, fully stabilized asset in the sought-after Palma Ceia submarket of South Tampa.
The property sits prominently on a hard-signalized corner at 3314 Henderson Blvd., Tampa, FL 33609, and totals 17,070 sq ft. It is currently 100% occupied and has been professionally managed by our affiliate, Radiant Asset Management of Florida, for more than 15 years, with management available to continue under new ownership.
This masonry-block, two-story, elevator-served office building offers immediate upside for an investor by enabling the conversion of the existing Modified Gross leases to a true triple-net (NNN) structure. Additionally, there are 1,271 sq ft of common-area space available to pass through to tenants, representing an estimated $650,000 in added value.
The property has been well-maintained, featuring: • Modernized elevator (2014) • SPF (Sprayed Polyurethane Foam) roof installed in 2023 with a transferable 10-year warranty • Attractive exterior with large corner signage and mature landscaping • Fourteen (14) digitally controlled split-system HVAC units, serviced regularly by a reputable local firm.
Henderson Pointe has consistently outperformed the local office market due to its premium visibility, high-traffic corner, and long-term stable tenant base. Many tenants have been in occupancy for 10+ years, providing reliable income continuity.
The property has maintained approximately 98% occupancy for more than a decade, including through peak COVID years. Any tenant turnover is historically filled quickly due to on-site signage and strong drive-by exposure.
Opportunities of this quality and location are rarely available in Palma Ceia. The current month-to-month status of many leases allows a new owner to raise rents to market levels immediately.
The seller has owned this asset for over 20 years and is willing to consider owner financing for a qualified buyer.
01 Executive Summary
Offer Price? $4,950,000
CAP Rate ? 6.63%
Price Per Sq Ft ? $290
For additional information please contact John Burpee 727-828-9498 or John@BurpeeCommercial.com