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The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
OFFERING SUMMARY
Sale Price: $685,000
Available SF: 5,364 SF
Lot Size: 0.2 Acres
Building Size: 5,364 SF
Zoning: IG
Price / SF: $127.70
PROPERTY OVERVIEWIG zoned property conveniently located on W Dr Martin Luther King Blvd in Drew Park. BUILDING HAS
BEEN COMPLETED. Approximately 5364 square ft NEW CONSTRUCTION two story Warehouse/Office
building. 1st Floor has kitchenette featuring granite countertops, sink, full size stainless fridge, and tall
upper and lower dark wood cabinets. The building has 3 restrooms (one restroom located in upstairs
office, one located downstairs in office/showroom, and one in the warehouse). Building has wide plank
wood flooring. The warehouse has 10 ft overhead roll up door. Approximately 1500 square ft of 2nd Floor
can be used for storage or unfinished office at this time. The upstairs additional area can be finished as
office once an exterior stairwell is built on the south side of the building as a fire escape. There are 8
parking spaces plus 1 handicap. There is possibly additional parking on the apron outside the fence.
1st Floor Show Room 1,880 square ft
Warehouse 1,508 square ft
2nd Floor Office with Restroom 526 square ft
Subtotal 3,916 square ft
2nd Floor Storage/Unfinished Office 1,450 square ft
Total 5,364 square ft
BUILDING HAS BEEN COMPLETED.
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
EXECUTIVE SUMMARY
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
SALE HIGHLIGHTS• BUILDING HAS BEEN COMPLETED
• Approximately 5364 square ft NEW
CONSTRUCTION
• 1st Floor has 1,880 square ft Show Room and
1,508 square ft Warehouse
• 2nd Floor has 526 square ft Unfinished Office
with Restroom
• Showroom, warehouse and office with restroom
total 3,916 square ft.
• Additional 1,450 square ft storage or unfinished
office
• 10 ft overhead roll up door in warehouse
• 23 foot ceiling in warehouse/Almost 9 ft ceiling in
upstairs offices/10 ft ceiling in downstairs
showroom-office
• Kitchenette featuring granite countertops, sink,
full size stainless fridge, and tall upper and lower
dark wood cabinets.
• 8 parking spaces plus 1 handicap. There is
possibly additional parking on the apron outside
the fence.
• Industrial Property zoned IG.
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
COMPLETE HIGHLIGHTS
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
ADDITIONAL PHOTOS
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
LOCATION MAPS
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
POPULATION 1 MILE 5 MILES 10 MILES
Total population 1,163 246,840 675,788
Median age 32.1 36.2 35.8
Median age (Male) 32.2 34.7 34.4
Median age (Female) 29.5 37.6 37.0
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 384 101,382 271,181
# of persons per HH 3.0 2.4 2.5
Average HH income $34,692 $63,822 $63,376
Average house value $275,335 $272,567
* Demographic data derived from 2010 US Census
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
DEMOGRAPHICS MAP & REPORT
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
4408 W. Dr Martin Luther KingJr Blvd
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
AERIAL MAPS
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
RETAILER MAP
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
PROFESSIONAL BIOGRAPHY
Frank Grimaldi, Sr. is the Founder and CEO of Grimaldi Commercial Realty Corp.and a pillar of the Tampa Bay Community. He started Grimaldi CommercialRealty Corp. in 1975. With over 40 years as a commercial Broker, he hasexperience in every aspect of commercial real estate including specializing in:
• Creative Seller Financing• Sales & Leasing• Asset Management• Multi Million Dollar Transactions• Land & Community Development• Value Analysis• Economic/Urban Development• Retail• Office• Industrial• Multi-family
Being in the Tampa Bay market market for over 40 years, Frank has a vastnetwork of contacts allowing him access to clients purchasing a variety range ofcommercial property types and price points. His experience has allowed him tosuccessfully weather numerous turbulent economies and community changes.Frank takes a hands-on approach to all projects. His philosophy has kept thecompany successfully growing and has empowered him to be one of the mosttrusted names in the Tampa Bay Commercial Real Estate market.
FRANK GRIMALDI, SR.
Founder/CEO
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
FOUNDER/CEO BIO
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding
the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.
Kari L. Grimaldi/ [email protected]
115 W Bearss AveTampa, FL 33613T 813.882.0884C [email protected] #BK3076744
PROFESSIONAL BACKGROUND
Kari Grimaldi is a Managing Broker/President of Grimaldi Commercial Realty Corp. andcommercial real estate expert. Kari has quickly climbed the ranks of who’s who inTampa Bay Area Commercial Real Estate to become a Top Producer. Learning & joiningthe family business at an early age, Kari understands the importance of networkingand building relationships, and has accumulated 20+ years of experience and in-depthknowledge to execute and navigate commercial real estate transactions for Sellers,Buyers, and Landlords/Tenants from inception to closing. Kari has an extensive resumewith some of the highlights listed below:
Areas of Expertise:Office and Build to Suit Sales & LeasingMedical Office Sales & LeasingResale & Leasing of Office ParksRetail Sales & LeasingIndustrial Sales & LeasingMulti family InvestmentsSingle NNN National InvestmentsLand & Commercial DevelopmentForeign Investors & Investment SpecialistSeller Finance and Creative Financing1031 & Reverse ExchangesShort Sales & Distressed/Bank-owned assets
As a commercial real estate owner and investor herself, she knows first hand how toguide others through the process, and negotiate and close transactions successfully.Kari has a vast portfolio of closed transactions in all sectors of the commercial market,and is a multi-million dollar sales producer.
EDUCATION
A Florida native, Kari earned her Bachelors at University of Florida in Management andPsychology, and a Masters at University of South Florida. A consummate professional,Kari is continually educating herself on the latest economic and market trends withcontinuing education, seminars and networking.
MEMBERSHIPS & AFFILIATIONS
Member of NAR, FAR, and FGCAR- Association of RealtorsREIC Member- Real Estate Investment CouncilCCIM Candidate- Certified Commercial Investment MemberICSC Member- International Council of Shopping Centers
KARI L. GRIMALDI/ BROKER
President/ Broker
4408 W. DR MARTIN LUTHER KING JR BLVD
Tampa, FL 33614
ADVISOR BIO & CONTACT 2