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Acquisition Criteria

 

Land Suitable for Retail, Storefront Office and Flex: Our office in St. Petersburg is focused on the six key Tampa Bay Counties of Pinellas, Hillsborough, Pasco, Hernando, Manatee & Sarasota. We will pay a market based price for a site that has proper land use and zoning for our intended use.

Quality: Only seeking Class “A” markets, sites, locations, access, population growth and demographics for our intended use as retail, storefront office and flex/warehouse.

Contingent to Tenants: No. We market to small business owners that typically need 1,500 to 5,000 sf; not massive, bureaucratic national tenants. We can act faster than other developers that need time to get major tenants in place.

Project Size: We prefer sites that enable us to build 40,000 to 150,000 sf in a single use or a combination of retail and flex. In a perfect world, we want square shaped parcels that are at least 400 feet wide and at least 400 feet deep. We will entertain the acquisition of larger sites and design a small office and flex product to go on the excess land. We buy sites that are too big to be outparcels and too small to be sold to a builder of grocery or super center type projects.

Will we buy and convert existing properties?: No.

If you are the owner or represent the owner of a property which may meet our criteria, please submit the following, if available, for our review:

  • Site location map
  • Property survey, depicting any wetland areas
  • Topographical map
  • Aerial photograph
  • Demographics profile
  • Relevant zoning and utilities information
  • Five-mile competition map, depicting existing major retailers within that radius.

Submissions should be addressed to:

David D. Repka
Principal/Partner
Business Condos USA
449 Central Avenue, Suite 204
Saint Petersburg, FL 33701
Phone: 727-289-5500 Mobile: 727-641-2822 eFax: 727-499-7304
E-mail: drepka@businesscondosusa.com
www.businesscondosusa.com