201 Franklin StTampa, FL 33602

Property Details for 201 Franklin St

Year built

1981

Construction

STEEL FRAME

Lot size

1.01 AC

Property size (Sq ft)

818,329 SF

Zone code

CBD-2

Property type

Office properties

Property subtype

Office buildings

APN

A2429184ZI810000000000

APU

A2429184ZI810000000000

Description

This Class A, 38-story Tampa City Center high-rise offers exceptional executive office space for lease. Located in Hillsborough County, this landmark building boasts a total of 757,425 square feet, with 98,309 square feet currently vacant. The property sits on a 1.01-acre lot and was originally constructed in 1981, undergoing a significant renovation in 1994. Multiple tenancy options are available, catering to a variety of business needs. Spaces range from a minimum of 1,978 square feet to a maximum contiguous space of 16,863 square feet, with 13 individual spaces currently available. The building's impressive size and modern amenities make it an ideal location for businesses seeking a prestigious and functional workspace in the heart of Tampa. The building's prime location offers excellent accessibility and visibility, enhancing the overall appeal for prospective tenants. This is a rare opportunity to secure high-quality office space in a well-established and highly sought-after building. Contact us today to learn more about the available spaces and lease terms. The building's impressive scale and modern amenities make it an ideal location for businesses seeking a prestigious and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $308,859,552

  6.5%

  $285,101,120

  7%

  $264,736,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $149,451,424

  Geo Method

  $149,451,424

• Alternative Use

  Use

  Valuation

  Residential

  $353,525,408

  Hospitality

  $323,827,360

  Educational

  $269,420,576

  Medical

  $278,686,368

  Retail

  $419,098,656

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9467

Longitude

-82.457

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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