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Two-Tenant Medical/Professional Office 11602 N 51st St 10,523 SF 100% Leased Office Building Tampa, FL 33617 $3,318,000 CAD ($315.31 CAD/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- 13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements Include: Exterior Painted in 2023, HVAC Replaced in 2020
- Additional Income From Cell Tower on Property With New Lease | Large, Landscaped and Lighted Parking Lot With 40 Parking Spaces
- Strategically Positioned Near Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa
- Building Features Cat 6 Cables Pre-Wired for High-Speed Internet | 100% Occupied by Two Tenants on New Gross Leases Starting at COE
- +/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St and Access From Both Traffic Directions
- Adjacent to University of South Florida Campus, a Major Public University With Over 50,000 Students
EXECUTIVE SUMMARY
13,523-SF, Two-Tenant Medical/Office Building 100% Occupied by Two Tenants on New Gross Leases Starting at COE
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,523 SF
Building Class
C
Year Built
1979
Price
$3,318,000 CAD
Price Per SF
$315.31 CAD
Cap Rate
7.15%
NOI
$237,099 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,262 SF
Slab To Slab
12’
Building FAR
0.28
Lot Size
0.87 AC
Zoning
RO1
Parking
40 Spaces (3.8 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- Reception
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- North Shore Enterprises I, Llc
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| North Shore Enterprises I, Llc | - | - | - | - |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | A-15-28-19-54V-000015-D0000.0 | Improvements Assessment | $983,249 CAD |
| Land Assessment | $528,389 CAD | Total Assessment | $1,511,638 CAD |
PROPERTY TAXES
Parcel Number
A-15-28-19-54V-000015-D0000.0
Land Assessment
$528,389 CAD
Improvements Assessment
$983,249 CAD
Total Assessment
$1,511,638 CAD
CONTACTS
-
Darpan Patel -
Samantha Kelley -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Marcus & Millichap
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Two-Tenant Medical/Professional Office | 11602 N 51st St
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