The Global Special Operations Forces Foundation Acquires Office Building For $9 Million In Tampa
4224 Henderson Boulevard
$9,000,000
$450/SF
Building Size
20,000 SF
Asset Type
Office
Closing
Apr 2, 2026
AI
The Global Special Operations Forces Foundation acquired an office building located at 4224 Henderson Boulevard in Tampa. The property consists of approximately 20,000 square feet and was sold for $9,000,000. This 1959-built facility is situated on 1.51 acres of land, making it suitable for the foundation's future corporate headquarters.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,000,000
- Square Footage: 20,000
- Price Per Square Foot: $450
- Buyer: The Global Special Operations Forces Foundation
- Seller: Dr. Devanand Mangar
- Buyer's Representative: John DeLaVergne - DeLaVergne & Company
- Seller's Representatives: Nick Ganey, Tommy Szarvas & Estevan Lamas - Boutique National; Austin Ramsey - Gulfstream Holding Realty
- Market: Tampa
- Property Address: 4224 Henderson Boulevard
- Acres: 1.51
The transaction involved several key individuals, with the buyer represented by John DeLaVergne from DeLaVergne & Company. The seller, Dr. Devanand Mangar, received representation from Nick Ganey, Tommy Szarvas, and Estevan Lamas of Boutique National, alongside Austin Ramsey from Gulfstream Holding Realty. The deal was executed off-market as the foundation aims to relocate from its current office location on W Gandy Blvd.
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Tampa Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93