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Financial Center 2701 W Busch Blvd 29,214 SF 98% Leased Office Building Tampa, FL 33618 $8,026,540 CAD ($274.75 CAD/SF) 7.03% Cap Rate
INVESTMENT HIGHLIGHTS
- One-of-a-kind two-story office building situated on 2 acres of land, featuring mature oak trees and ample on-site parking.
- Impressive Net Operating Income(NOI) of ~$400,000, with value-add services including rentable conference rooms and state-of-the-art training facility.
- 100% occupied, with a diversified multi-tenant rent roll.
- The Financial Center is conveniently located just 1 mile from N. Dale Mabry and 2 miles from Interstate 275.
EXECUTIVE SUMMARY
Rare opportunity to acquire a turn-key professional office in the heart of the Carrollwood submarket of Tampa. This property features over 28,000 square feet of tenant space on nearly 2 acres of land. With a near 100% occupancy rate (99.3%) and zero deferred maintenance, this asset would make a great addition to any investment portfolio. Rent roll and financials available upon request.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
29,214 SF
Building Class
B
Year Built/Renovated
1989/2015
Price
$8,026,540 CAD
Price Per SF
$274.75 CAD
Cap Rate
7.03%
NOI
$564,266 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,607 SF
Slab To Slab
12’
Building FAR
0.34
Lot Size
1.96 AC
Zoning
PD - Planned Development
Parking
89 Spaces (3.09 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Wheelchair Accessible
- Kitchen
- Storage Space
- Central Heating
- Natural Light
- Partitioned Offices
- Shower Facilities
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Main Street Renewal is a privately owned and operated company focused on renovating high-quality homes and leasing for affordable prices. They are proudly based in Austin, TX, and serve residents in dozens of markets nationwide, with more coming soon. They utilize a unique model to locate excellent properties and upgrade each home to the Main Street Renewal standard. They lease their homes and manage the properties long-term. Their goal is to provide the best leasing experience through customer care and service. Their residents have access to an online portal where they can pay their bills, request maintenance, and renew their lease. They also offer convenient features like auto-pay to ensure their Residents never miss a payment. Their dedicated Resident Care Specialists are available 24 hours a day, 7 days a week to assist Residents in need of additional support.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 112
- 175 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 114
- 425 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 112 | 175 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 114 | 425 SF | Office | Full Build-Out | Now |
1st Fl-Ste 112
| Size |
| 175 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 114
| Size |
| 425 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
15,389
124,389
315,426
2024 Population
16,814
127,329
323,729
Population Growth '20-'24
9.3%
2.4%
2.6%
2020 Households
6,682
49,587
124,779
2024 Households
7,310
50,862
128,238
Household Growth '20-'24
9.4%
2.6%
2.8%
Average Age
38
40
39
Median Household Income
$53,953
$53,232
$51,645
Daytime Employees
5,725
57,299
188,982
Total Businesses
950
7,676
23,684
College Degree + Higher
32%
25%
26%
$ values in USD
PROPERTY TAXES
| Parcel Number | U-22-28-18-158-000005-00001.0 | Total Assessment | $4,769,462 CAD |
| Land Assessment | $1,828,772 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,940,691 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
U-22-28-18-158-000005-00001.0
Land Assessment
$1,828,772 CAD
Improvements Assessment
$2,940,691 CAD
Total Assessment
$4,769,462 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Financial Center | 2701 W Busch Blvd
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