CBRE, as exclusive advisor, is pleased to present the opportunity to acquire 636 Grand Regency (the “Property” or “Buildings”), a ±9.25-acre site improved with a 120,756 SF three-story vacant office building featuring a market-leading 7.2 per 1,000 SF parking ratio. The Property most recently served as HSBC Finance Corporation’s consumer mortgage lending servicing support center. This asset provides an excellent opportunity for an owner/user to acquire a Class “A” corporate headquarters facility in one of East Tampa’s premier amenity-rich environments.
636 Grand Regency is located within Regency Corporate Park, a 120-acre mixed use business park that features a plethora of restaurant, shopping, hotel, and residential amenities in proximity. The Property benefits from 450 linear feet of direct frontage onto Interstate 75 (141,000 AADT), which offers visibility and attractive signage options for a future occupier. This location is strategic in that the State Road 60 exit to Interstate 75 is just two exits south of Central Florida’s most important highway interchange – the confluence of Interstate 75 and Interstate 4. The Property offers unmatched access to roughly 4.3 million people living within a one-hour commute of the Property. Furthermore, it is also only 15- and 30-minutes east of Downtown Tampa and Tampa International Airport, respectively.
The I-75 Corridor is home to many of Tampa’s largest corporate tenants, including MetLife, USAA, T-Mobile, J.P. Morgan Chase, Johnson & Johnson, Verizon, Citibank, and Progressive Insurance. A big draw for companies to locate within the area are the abundance of residential communities to serve the local labor force. Target communities include Brandon, Bloomingdale, Valrico, Fish Hawk, New Tampa, and Wesley Chapel. In addition, East Tampa features a robust, dense retail market. The Property features exceptional proximity to numerous retail destinations such as Regency Square, Westfield Brandon Town Center, Plaza at Brandon Town Center, and Lake Brandon Plaza, all of which are just minutes away.
PREMIER CORPORATE HEADQUARTERS SOLUTION
STEEP DISCOUNT TO REPLACEMENT COST
CLASS “A” DESIGN SPECIFICATIONS
SURFACE PARKING RATIO OF 7.2 PER 1,000 SF
PROVEN OFFICE MARKET RESILIENCY
Call Dale for more information at +1 (813) 273-8409.