Attachment_Lease_Confirmation_Statement.pdf

This is a Lease Confirmation Statement submitted by the City of Tampa, Florida regarding the disposition of real property located at 411 North Franklin Street in Tampa. The document details existing tenant leases that the successful proposer will assume upon acquisition of the property, which includes the Tampa Police Department Headquarters, parking garage, and associated improvements. The City is soliciting proposals from qualified proposers with the financial capacity and vision to develop the property to its highest and best use within the Central Business District-1. The property is being offered with an opening bid of $36,000,000.00, with closing required by January 31, 2027. All costs associated with demolition, environmental review, survey, engineering, architecture, rezoning, and construction will be borne by the successful proposer.

Two active tenant leases encumber the property. Dan Hayman Jewelers, Inc. occupies approximately 733 square feet on the first floor of the main structure under a month-to-month lease at $1,553.43 per month; this tenant must vacate at property occupancy. P10 Kennedy, LLC (Moxies) occupies space in the southwest corner of the parking garage structure under a lease expiring April 6, 2030 at $3,582.15 monthly with a 3% escalation clause and a 5-year tenant renewal option; this tenant must also vacate at property occupancy. The lease confirmation document contains blank sections indicating that specific conditions regarding tenant handling and proposer obligations remain to be finalized during the solicitation process.