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3802 Corporex Park Drive, T...

Updated Dec 21, 2023

Mike Outlaw Acquires Office Building In Tampa From Walter S. Hagenbuckle & Robert Gray For $8.1M
SOLDOffice

Mike Outlaw Acquires Office Building In Tampa From Walter S. Hagenbuckle & Robert Gray For $8.1M

3802 Corporex Park Drive, Tampa, FL, USA

$8,127,332

$95/SF

Building Size

85,498 SF

Asset Type

Office

Closing

Sep 22, 2021

About this deal

AI

The office property located at 3802 Corporex Park Dr in Tampa has been sold. The transaction took place on September 23, 2021. The property spans an area of 85,498 square feet with a price per square foot of $95. The sale price for the property was $8,127,332.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $8,127,332
  • Address: 3802 Corporex Park Dr
  • Market: Tampa

The buyer of the property is Mike Outlaw, while Walter S. Hagenbuckle & Robert Gray acted as the sellers.

On the Map

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$8,127,332

$95/SF

Office

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Players

Mike Outlaw

TriOut Advisory Group

Buyer

$32.8M

vol

2 deals

Buyer

Robert Gray

Seller

$26.7M

vol

2 deals

Seller
Bilt advertisement

Tampa Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $95 per square foot on a published $8.1M for 85,498 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.95%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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