water street development & channelside cruise …

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BUILDING SIZE: 178,387 SF AVAILABLE SPACE: 28,167 - 146,567 SF YEAR BUILT: 2019 THOUGHTFULLY PLANNED Optimized for last-mile users through strategically planned traffic inflow patterns and ideally placed drive lanes, minimizing driver queues and traffic obstruction. This unique design is the first of it’s kind in Tampa to truly encourage efficient last-mile operations while still catering to the traditional industrial user. E-COMMERCE “SWEET SPOT” The Property is located in the “Sweet Spot” for last-mile delivery. This location is within 45 minutes to 90% of the MSA’s e-commerce users. FLEXIBLE DESIGN Tampa Fulfillment Center’s modern tilt-wall, ESFR, 32’ clear design with 52’ x 50’ column spacing provides plenty of functionality for traditional industrial storage and distribution uses in addition to last-mile uses. Flow-through design allows for efficient ingress/ egress of last-mile delivery drivers without impacting traditional-use tenants’ parking areas or truck courts. The facility’s above average parking ratio and generous truck court supplies the additional parking and storage necessary to accommodate seasonal peak demands for e-commerce users. PROPERTY HIGHLIGHTS Tampa Fulfillment Center is Tampa’s first and only modern industrial facility to effectively address the demands for cutting-edge technology. The first LEED certified distribution center in Hillsborough county Optimized for last-mile users with thoughtful site planning Flexible design to accommodate multiple industrial uses Ideally located at the geographic mean of Tampa Bay’s population 4 275 589 TOLL YBOR CITY WATER STREET DEVELOPMENT & CHANNELSIDE CRUISE TERMINALS CONTAINER TERMINAL 101 SOUTH 34TH STREET | TAMPA, FL

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BUILDING SIZE:  178,387 SF

AVAILABLE SPACE: 28,167 - 146,567 SF

YEAR BUILT:  2019

THOUGHTFULLY PLANNEDOptimized for last-mile users through strategically planned traffic inflow patterns and ideally placed drive lanes, minimizing driver queues and traffic obstruction. This unique design is the first of it’s kind in Tampa to truly encourage efficient last-mile operations while still catering to the traditional industrial user.

E-COMMERCE “SWEET SPOT”The Property is located in the “Sweet Spot” for last-mile delivery. This location is within 45 minutes to 90% of the MSA’s e-commerce users.

FLEXIBLE DESIGN Tampa Fulfillment Center’s modern tilt-wall, ESFR, 32’ clear design with 52’ x 50’ column spacing provides plenty of functionality for traditional industrial storage and distribution uses in addition to last-mile uses.

Flow-through design allows for efficient ingress/egress of last-mile delivery drivers without impacting traditional-use tenants’ parking areas or truck courts.

The facility’s above average parking ratio and generous truck court supplies the additional parking and storage necessary to accommodate seasonal peak demands for e-commerce users.

PROPERTY HIGHLIGHTS Tampa Fulfillment Center is Tampa’s first and only modern industrial facility to effectively address the demands for cutting-edge technology.

• The first LEED certified distribution center in Hillsborough county

• Optimized for last-mile users with thoughtful site planning

• Flexible design to accommodate multiple industrial uses

• Ideally located at the geographic mean of Tampa Bay’s population

4

275

589TOLL

YBOR CITYWATER STREET DEVELOPMENT

& CHANNELSIDECRUISE TERMINALS

CONTAINER TERMINAL

101 SOUTH 34TH STREET | TAMPA, FL

45 Minutes

30 Minutes

15 Minutes

IDEAL LOCATION In addition to an ideal location for last-mile fulfillment, the Property is also attractive for a multitude of industrial uses.

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.

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.

©2019 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

POPULATION STATISTICS

15 Minutes 30 Minutes 45 MinutesTotal Population 262,261 1,201,841 2,674,168

Total Households 115,169 506,370 1,145,208Average HH Income $79,444 $81,472 $81,360Owner Occupied 47,016 246,920 645,696

Renter Occupied 59,743 223,059 427,890Median Age 35.5 36.8 40.7Per Capita Income $29,005 $28,799 $29,047

1.41%population

2017-2022 ANNUAL RATE

2.06%Median HH Income

1.30%Households

Port Tampa Bay Container Terminal 4 Miles

Interstate 2753.7 Miles275

Interstate 756.3 Miles75

Interstate 42.7 Miles

CSX 4.1 Miles Tampa

International Airport (TPA)10.2 Miles

Downtown Tampa3.0 Miles

CSX Intermodal 3.4 Miles

KEY DRIVING DISTANCES

4

178,387 SF

JOHN B. JACKSON Director +1 813 424 3202 [email protected]

JT FAIRCLOTH Associate +1 813 204 5362 [email protected]

JULIA SILVA Managing Director +1 813 204 5332 [email protected]

JESSICA MIZRAHI Senior Associate +1 813 204 5323 [email protected]

3301 E. CLARK ST.

4

275

75

6952 Hillsborough Ave

5100 Acline Dr

8800 E Adamo Dr8210 E Adamo Dr

4430 E Adamo Dr

FLORIDA HIGHLIGHTS:• Dense urban submarkets provide limited

opportunities for retailers to locate or expand eCommerce efforts

• 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

TRADE AREA:• 2,674,168 people within the 45-minute drive trade area

• One of the fastest growing economies in the country

• High percent of qualified labor force for transportation/warehousing industry within 15 minutes*

UTILITIES:• 2400 amps; 3phase service

• Water: 8” water main with an 8” connection to service the site

• Teco Peoples Gas: 6” gas main just outside the northern property line

• HVAC Ready (R-25 insulated ceilings)

Harbour Island

Davis Islands

Hotel Multifamily Office• 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. Edition will be a 173-room boutique hotel located directly across from Amalie Areana.

• Currently multifamily rents, as high as $2.50 per square foot, 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 per square foot.

• Riverwalk Tower will be the newest condo development in Downtown Tampa, with asking prices ranging from $600,000 to $2,000,000.

• 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.

Channel District

Hyde Park

CBD

Tampa Heights

Hillsborough Bay

Hotel Multifamily Office• 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. Edition will be a 173-room boutique hotel located directly across from Amalie Areana.

• Currently multifamily rents, as high as $2.50 per square foot, 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 per square foot.

• Riverwalk Tower will be the newest condo development in Downtown Tampa, with asking prices ranging from $600,000 to $2,000,000.

• 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.

Channel District

Ybor

# Major Points of Interests

Amalie Arena

Armature Works

Tampa Convention Centre

Tampa River Walk

Port of Tampa

University of Tampa

PROPERTY INFORMATION:

BUILDING AREA: 178,387 SFSITE AREA: 18.15 ACRESTYPE: DISTRIBUTIONSPRINKLERS: ESFRFLOOD LEVEL: FFE 15’FLOOR SLAB: 6” CONCRETE TO SUPPORT 3500 PSI

LEASED

CLEAR HEIGHT: 32’COLUMN SPACING: 52’ X 50’LOADING: 48 DOCK-HIGH DOORS 12 DRIVE-IN DOORS (12’x14’ each)PARKING RATIO: 1.70/1,000 SF