3620 Queen Palm Drive, Tampa, FL 33619
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%