Professional Office Complex for Sale or Lease

Office for Sale
Catylist Listing ID: 30803374
Property Subtypes: Business Park, Office Building
Building Size (RSF): 37,882 SF
Gross Land Area: 130,480 SF
Sale Price: $12,000,000
Unit Price: $316.77 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 27,280 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2022

Overview / Comments

Outstanding opportunity to purchase a 3 plus acres multiple building professional office complex with income to
offset debt service in the heart of the Westshore Business District. Total square footage of the project is 37,882 with
10,608/SF rented to the VA, currently paying $143,950/per year. This leaves two high end office spaces available for an
owner/user totaling 27,274/SF (4919 W Laurel St. 17,032/SF & 4913 W Laurel St. vacant 10,242/SF) Both units were built
out in 2020 and have all high end finishes. This property is ideally located in Westshore and is minutes to shopping,
restaurants, banking and more. The property enjoys a 5/1,000 parking ratio and is for sale at $12,000,000 or for lease at
$30.75/PSF full service. Call today to schedule your private tour.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Tampa
Tax ID/APN: 182917ZZZ000005482100A
Property Located Between: O'Brien St and Westshore Blvd.
Property Visibility: Excellent
Highway Access: Just off SR 60 with easy access to interstates 275, 75 and I4
Airports: Tampa International
Site Description: Over 3 acres of land with 3 building in the heart of the Westshore Business District.
Area Description: Westshore District by the Numbers • Over $1 billion in private investments into more than 25 current or planned projects • 102,000 employees at more than 4,000 businesses and major employers • Top employers include: • Fortune 500 company Bloomin’ Brands • PwC • New York Life • Amgen • Bristol Myers Squibb • AECOM • Florida Blue • IBM • HCI • Progressive • LabCorp • State Farm • 13.2 million square feet of commercial office space • 45+ hotels with 8,300 rooms and more than 265,000 square feet of meeting and event space • Three major highways • Five higher education institutions: • Hillsborough Community College’s Dale Mabry Campus • Troy University • Ultimate Medical Academy • Embry-Riddle Worldwide • Everglades University
Total Number of Buildings: 3
Number of Stories: 1
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 140
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: ZONING: M-AP-1 - Airport Compatibility District LAND USE: M-AP – Municipal Airport Compatibility
Lot Frontage: 466
Lot Depth: 28
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,842 80,570 255,553
Median Age: 42.27 38.68 37.77
Households: 2,279 35,180 106,837


Photograph of Listing Agent

Lawrence D Gilbert

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