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3031 North Rocky Point Driv...

Updated Jan 22, 2025

Venture X Signs Lease For 30,262 Square Feet At Cousins Properties Harborview Plaza In Tampa
LEASEDOffice

Venture X Signs Lease For 30,262 Square Feet At Cousins Properties Harborview Plaza In Tampa

3031 North Rocky Point Drive West

Building Size

30,262 SF

Asset Type

Office

Closing

Jan 20, 2025

About this deal

AI

The property involved in this transaction is an office asset located at 3031 North Rocky Point Drive West in the Rocky Point market of Tampa. This office space has a total square footage of 30,262 and is part of Cousins Properties' Harborview Plaza. Venture X will be leasing this space, with a move-in date anticipated in January 2026.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 3031 North Rocky Point Drive West
  • Market: Rocky Point, Tampa
  • Square Footage: 30,262
  • Landlord: Colin Connolly - Cousins Properties
  • Tenant: Venture X
  • Landlord's Representative: Deana Beer & Jim Moler - JLL
  • Tenant's Representative: K.C. Tenukas - CBRE

Venture X's lease at this location marks its ninth establishment in Florida and the first in the Tampa Bay area. JLL representatives Jim Moler and Deana Beer facilitated the transaction for the landlord, while K.C. Tenukas represented the interests of Venture X in this lease agreement.

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Players

Jim Moler

JLL

Broker

4 deals

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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