Prospectus for 2511 Swann Avenue:

For Sale: 2511 Swann Avenue, Tampa, FL 33609


This would be a great opportunity for someone looking to do a 1031 Exchange.

Important details:

  • Includes (5) lots each 64' x 128' totalling 8192' for a grand total of 40,960 square feet for the entire grounds of the complex.
  • Building footprint 112' deep by 100' for a total of 11,200 square feet
  • Total square footage: 12,400 including the 1,200 square feet upstairs
  • Parking spaces 63
  • Includes 6 suites:
  • Reference: Amount of
    square footage
    :
    Occupant: Status:
    Suite 104 3830 "Salon Lofts" Rented
    Suite 103 1740 "Smiles by Design" Rented
    Suite 102 1440 "Irpinia Kitchens" Rented

    Suite 101

    1500 "UBU Hair Salon" Rented

    Suite 100

    2500 "Spark Brand" Rented
    Suite 201 1200 Available Available
  • Average current rent per square foot approximately $20 per foot, does not include CAM or rent escalations within lease terms. All lease information for individual spaces are confidential and will not be disclosed unless we have a verified qualified buyer and if a confidentiality agreement is execucted.
  • Zoned "CI" Commercial Intensive--basically anything can be put in the building. We have the most liberal rating of all commercial types of zoning.
  • Buillding was rebuilt in 1994, 1997 & 2003.
  • Broker participation is welcome.
  • CAP rate is roughly 7%.
  • Existing mortgage is assumable for 1% origination fee.

We are asking $4,300,000----as of 11-12-07

Serious inquiries only please contact:
Alan D. Johnson 813-789-5464
alan@alandevelopment.com