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DOWNTOWN TAMPA HISTORIC LANDMARK
510 North Franklin Tampa, FL 33602 Landmark Property For Sale Price $2,175, Year Built 1895 Gross Building Area sq ft Gross Rentable Outdoor Space sq ft Property Type Retail /Office Renovation Total Building (2004) Type Single Building / Class A Sale Type Investment / Owner Occ. Occupancy % leased CAP Rate % 2018 Gross Monthly Rentals $17,070 Annual NOI $163,232 (approx) Annual Escalators – 4 % (varies) Zoning Description CBD-1 Folio Tax Credit Historic Ad Valorem Credit Walk Score ® (Very Walkable) Wm Todd Lax – Franklin Partners – / Contact for property information and to schedule property showings
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Wm Todd Lax – Franklin Partners – 813-293-1805 / WTL@Franklinllc.net
Historic Landmark Property centrally located in the heart of downtown Tampa on Franklin Street (aptly named, “The Franklin”). The three story property was completely renovated in 2014 and converted in to Class A office space on second and third floors and premium restaurant space on ground floor. Total Building Renovation (2014) included all new : - Mechanical /Electrical / Plumbing systems - Self-contained hydraulic Otis elevator - Marble, hardwood , polished concrete and carpet flooring - Exposed brick walls and cypress beam ceilings - Interior walls, executive offices, conference rooms - Tempered glass walls to create openness for Exec Suites - Four tastefully designed bathrooms - Custom solid wood entryway with nine foot doors - Historic LED blade sign for building - Enlarged building front canopy - Energy efficient task, custom and office lighting - Two large walk-in coolers, grease trap, ANSUL hood system - Custom stainless bar cabinetry with quartz counter-tops - Fire alarm panel and piping system - Partial new roof - Wet zoned for 4COP beer / wine/ liquor sales The building is currently occupied by insurance and marketing companies on the third floor, professional real estate companies on the second floor and Southern themed restaurant on the ground floor. Tenant leases range from three to five years with multiple tenants recently renewing into longer term leases with additional space. The building is artfully designed with elements of exposed brick, hardwood floors, custom light fixtures , historic nuances and stylish flooring. The Franklin is centrally located at 510 N. Franklin Street, between Madison and Twiggs, just 1 block south of the Tampa Theater. The Franklin is within walking distance to the federal and state courthouses, multiple covered parking garages, street parking, restaurants, several large hotels and public transit. Wm Todd Lax – Franklin Partners – / Contact for property information and to schedule property showings
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Wm Todd Lax – Franklin Partners – 813-293-1805 / WTL@Franklinllc.net
Contact for property information and to schedule property showings
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Wm Todd Lax – Franklin Partners – 813-293-1805 / WTL@Franklinllc.net
Contact for property information and to schedule property showings
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Wm Todd Lax – Franklin Partners – 813-293-1805 / WTL@Franklinllc.net
Contact for property information and to schedule property showings
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Wm Todd Lax – Franklin Partners – 813-293-1805 / WTL@Franklinllc.net
Contact for property information and to schedule property showings
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