Catylist ID:
#30803374
| 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. |
Attachments & Media
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 |
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 |
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