Investment Property for Sale

Office for Sale
Catylist Listing ID: 30343248
Property Subtypes: Office Building
Building Size (RSF): 13,770 SF
Gross Building Area: See Agent
Sale Price: $2,999,000
Unit Price: $217.79 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2019

Overview / Comments

Net Operating Income: $233,922
Cap Rate: 7.8%
Price PSF: $236
Building Size: 13,770 SF
Year Built: 2007
Type: Office Building and Land
Construction Type: Masonry
Site Size: 6.25 Acres w/entitlements for additional 12,480 SF Building
Site Shape: Irregular
Traffic Counts: 35,000 AADT
Parking Ratio: 4.4/1,000 SF
Ceiling Heights: 10 +/- SF
Condition: Excellent
Utilities: Water/Sewer: Hillsborough County
Electric: Tampa Electric
Adjacent to Publix anchored retail
This project consists of a 6.3-acre site, a fully leased 13,770 SF office building and is entitled for an additional 12,480 sf office building with infrastructure (parking, site work, etc.) in place.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 172802ZZZ000000261600U

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,995 72,959 198,344
Median Age: 38.28 38.06 38.91
Households: 1,506 27,175 77,446


Photograph of Listing Agent

Gregory R Andretta, SIOR

Andretta Properties
CE-FL Member
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