NOW LEASING

Tampa Fulfillment Center is leasing now for project completion in Summer 2020 with leasing opportunities available from 28,000 SF to 178,387 SF.

Gerard Keating

CEO, Keating Resources

(402) 925-5113

gerard@keatingresources.com

Kris Courier

Vice President, CBRE

(813) 273-8442

Kris.Courier@cbre.com

Location Aerial

Location Benefits

Through access to multiple modes of transportation, this site can service the Tampa Bay market, the state of Florida, and beyond.

Access to eCommerce Consumers

Tampa Fulfillment Center is located within the “Sweet Spot” for last-mile providers to easily service the entire Tampa Bay region. In addition to an ideal location for last-mile fulfillment, the property is also attractive for a multitude of industrial uses.

Proximity to Transportation Areas

Located just off the Leroy Selmon Expressway, Tampa Fulfillment Center is easily accessible from major transportation options such as the Port of Tampa, Interstate 4, Interstate 75, and multiple international airports.

Ability to Service Florida Region

Tampa Fulfillment Center is favorably located to service the state of Florida and the western Gulf Coast with convenient access to Pacific Rim cargo via the Panama Canal and the Port of Tampa.

Rare Bay Front Location

Nearby unique amenities such as McKay Bay marine life, De Soto Park, McKay Bay Coastal Bikeway, and nearby Ybor City help to attract and retain leading talent.

Florida Highlights

Dense urban submarkets provide limited opportunities for retailers to locate or expand eCommerce efforts.

  • High percent of the qualified labor force for the transportation/warehousing industry within 15 minutes
  • Only a handful of availabilities for warehouse/distribution
  • The number of households making $75,000 has grown by over 760,000 since the year 2000
  • One of the fastest-growing economies in the country
Hotel

Hotel

  • 15 hotels
  • Roughly 3,600+ rooms
  • The JW Marriott at Water Street is currently under construction and is the first of three hotels to be included in the Water Street development. By 2021, the Marriott Edition will open, bringing the first 5-Star hotel to the Tampa area. The Edition will be a 173-room boutique hotel located directly across from Amalie Arena.
multifamily

multifamily

  • Currently, multifamily rents, as high as $2.50/SF are some of the highest in the entire Tampa Bay MSA.
  • 2,675 units have been added in the last five years with 844 units under construction.
  • Condo sales are returning to historic levels with 2 bedroom units selling as high as $530/SF
  • Riverwalk Tower will be the newest condo development in Downtown Tampa, with asking prices ranging from $600,000 to $2,000,000.
office

office

  • Tampa CBD consists of 6.0 million square feet of office space.
  • At the close of 2018, the CBD vacancy rate was 9.5 %, down 420 basis points year-over-year.
  • Rental rates in the CBD are expected to rise as vacancy continues to decline.
  • Sparkman Wharf started construction on its 180,000 SF office component in 2018 with an estimated completion in early 2020.
  • Rents in new buildings are quoted at per square foot rates in the low to mid $40’s.

demographics

stat type
15 minutes
30 minutes
45 minutes
Total Populaton

262,261

1,201,841

2,674,168

Total Housholds

115,169

506,370

1,145,208

Average HH Income

$79,444

$81,472

$81,360

Owner Occupied

47,016

246,920

645,696

Renter Occupied

59,743

223,059

427,890

median age

35.5

36.8

40.7

Per Capita Income

$29,005

$28,799

$29,047