Two-Story Office Building

Office for Sale
Sale Pending
Catylist Listing ID: 30266289
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 11,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.60 Acres
Sale Price: $990,000
Unit Price: $90 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Republic Bank
Class of Space: Class B
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 10/30/2018

Overview / Comments

11,000± sf 2-Story Office Building on US Hwy 19. Full-Service Bank with drive-thru that currently occupies approx. 8,000 sf and has a tenant under lease for 2,900 sf until May 2020. Building is situated on 1.6 acres and zoned C2. Excellent access with full median break right in/right out on US Hwy 19 as well as Salt Springs Rd. (entrance to Gulfview Sq. Mall). Highly visible pylon sign with ample parking surrounding the building. Bank intends to relocate but will sign a 1-2 year lease for all or a portion of the space. Great opportunity for owner occupancy or investment/redevelopment. Traffic counts in excess of 60,000 vehicles per day and 5 mile population is over 120,000.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 1625210030004000010
Zoning: C2
Property Visibility: Excellent
Number of Stories: 2
Year Built: 1981

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,733 63,341 133,119
Median Age: 40.6 44.82 47.27
Households: 3,839 28,057 59,235


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