Sabal Pavilion

3620 Queen Palm Drive, Tampa, FL 33619

Property Overview

Sabal Pavilion is a Class A, four-story office building located in Sabal Park, the largest mixed-use business park on the west coast of Florida according to CB Richard Ellis.

The 120,500 SF building has an attractive, functional design that allows for single or multi-tenant use, providing flexibility in leasing alternatives.

Sabal Pavilion’s above-market parking ratio of 7.45 spaces per 1,000 square feet, its location in a Verizon Smart Park and various amenities (including on-site cafeteria, ATM, fitness center and employee courtyard) should make this a competitive property for many years to come.

Built in 1998, the building is currently 100% leased to Ford Motor Credit, one of the world’s largest auto financing companies.

Investment at a Glance

Location: Tampa, FL

Property Type: Class A Office

Acquisition Date: July 7, 2006

Purchase Price: $24,250,000

No. of Buildings: 1

No. of Stories: 4

Square Footage: 120,500 SF

Year Built: 1998

Leased Percentage (at the time of Acquisition): 100%

$24,250,000 Total Purchase Price
120,500 square feet Total Rentable Area
Class A Building Class