Two Parcels 16th St. and Gandy Blvd.

The two pad ready sites are located at the new lighted intersection of 16th Street and Gandy Blvd in St. Petersburg, FL. The parcels are cleared and have retention offsite. Both sites are located within the DRI which allow the sites to be developed for office, industrial or possibly hotel uses. Stand alone retail is currently not allowed on the site. The properties are being sold “As Is”.

Location: These parcels are located at the north side of Gandy Blvd. on both sides of 16th Street within the Metropointe Commerce Center. Both parcels are located at the lighted traffic signal and have access via 16th Street. Road Alignment: These parcels are part of the road realignment with the City that included a land swap. The City has vacated the frontage road land in front of the parcels in exchange for the land in the rear of the parcels. The existing traffic light has been relocated to the 16th Street intersection; essentially doing away with the frontage road. Please see page 9 for a diagram.

Size: Parcel 1- 4.99 ± acres

Parcel 2- .99± acres

Zoning: The property is approved for a 19 story mixed use building up to 552,000 SF with 35,000 SF of retail uses and 2,029

parking spaces. Hotel, office and industrial uses are allowed within this

zoning.

Tax ID #: Pinellas County parcel ID 24-30-16-57485-002-0010 and 24-30-16-57485-001-0010

Utilities: Water, sewer, electric and telephone are available to the site.

Traffic Count: 45,000 Average Annual Daily Traffic (AADT) for Gandy Blvd.