Oldsmar Galleria - LoopNet › d2 › mP4p2PYVLio8ff2x3...Oldsmar Galleria is the first phase of...

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Oldsmar Galleria 300 STATE ST OLDSMAR, FL 34677 Presented By: Nick Ganey, CCIM 813.967.6077 [email protected] Tommy Szarvas 813.495.3143 [email protected] Boutique National, LLC | 813.906.8310 | 300 N Franklin St Suite 201 Tampa FL, 33602 | bounat.com

Transcript of Oldsmar Galleria - LoopNet › d2 › mP4p2PYVLio8ff2x3...Oldsmar Galleria is the first phase of...

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OldsmarGalleria300 STATE STOLDSMAR, FL 34677

Presented By:

Nick Ganey, [email protected]

Tommy [email protected]

Boutique National, LLC | 813.906.8310 | 300 N Franklin St Suite 201 Tampa FL, 33602 | bounat.com

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Table Of Contents

OFFICE BUILDING FOR SALE | OLDSMAR GALLERIA 2

All materials and information received or derived from Boutique National, LLC its directors,officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness , veracity, or accuracy, condition of theproperty, compliance or lack of compliance with applicable governmental requirements,developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.

Neither Boutique National, LLC its directors, officers, agents, advisors, or affiliates makesany representation or warranty, express or implied, as to accuracy or completeness of theany materials or information provided, derived, or received. Materials and informationfrom any source, whether written or verbal, that may be furnished for review are not asubstitute for a party’s active conduct of its own due diligence to determine these andother matters of significance to such party. Boutique National, LLC will not investigate orverify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verifyall information and to conduct their own inspections and investigations including throughappropriate third party independent professionals selected by such party. All financial datashould be verified by the party including by obtaining and reading applicable documentsand reports and consulting appropriate independent professionals. Boutique National, LLCmakes no warranties and/or representations regarding the veracity, completeness, orrelevance of any financial data or assumptions. Boutique National, LLC does not serve as afinancial advisor to any party regarding any proposed transaction. All data andassumptions regarding financial performance, including that used for financial modelingpurposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents canbe established at or increased to that level. Parties must evaluate any applicablecontractual and governmental limitations as well as market conditions,vacancy factors andother issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions shouldbe discussed by the party with a certified public accountant or tax attorney. Title questionsshould be discussed by the party with a title officer or attorney. Questions regarding thecondition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects,contractors, other consultants and governmental agencies. All properties and services aremarketed by Boutique National, LLC in compliance with all applicable fair housing andequal opportunity laws.

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OFFICE BUILDING FOR SALE | OLDSMAR GALLERIA

Nick Ganey, CCIM Tommy Szarvas813.967.6077 [email protected] [email protected]

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OFFERING SUMMARYSale Price: $4,000,000

Lot Size: 2.0 Acres

Year Built: 2008

Building Size GLA: 24,015 SF

Pro Forma NOI 100% Leased $350,098.00

PROPERTY OVERVIEWThe Galleria Oldsmar is a 4-story 60,000 mixed-use project located in Oldsmar, FL.The Galleria provides 20 residential condos built above upscale retail on first floorand office on 2nd floor. Oldsmar Galleria is the first phase of Olds Square, a$100-million redevelopment project in historic Oldsmar.

Currently available For Sale in the Oldsmar Galleria is the ground floor retail/officeand 2nd-floor office totaling 24,015 GLA SF. Seller will sign new 5-year lease back for10,754 SF of ground floor office creating huge value-add for a new owner. Newowner can occupy beautiful 2nd-floor office and lease out ground floor retailgenerating strong cash flow. Or new owner can purchase as an investment leasingup vacancy. Many opportunities available, contact us today for further information.

Executive Summary

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OFFICE BUILDING FOR SALE | OLDSMAR GALLERIA 4

AVAILABLE

LEASED

UNAVAILABLE

Available Spaces

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SUITE VACANT/OWNER OCCUPIED SIZE

101/102 Vacant 1,390 SF

103-105 Owner Occupied / Leaseback 2,370 SF

106/107 Vacant 1,450 SF

108/109 Vacant 2,030 SF

110/111 Owner Occupied / Leaseback 1,771 SF

112-115A Owner Occupied / Leaseback 4,583 SF

220-225 Vacant 6,300 SF

Available Spaces

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Additional Photos

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Additional Photos

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Site Plan

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Location Maps

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Aerial Map

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POPULATION 1 MILE 5 MILES 10 MILES

Total population 3,122 125,269 523,204

Median age 37.9 42.0 42.2

Median age (Male) 37.3 41.3 41.1

Median age (Female) 37.7 42.5 43.0

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 1,168 51,884 215,789

# of persons per HH 2.7 2.4 2.4

Average HH income $74,155 $82,469 $69,646

Average house value $367,289 $294,179 $250,658

* Demographic data derived from 2010 US Census

Demographics Map