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BioSpine Surgery Center 5301 Avion Park Dr 9,006 SF 100% Leased Office Building Tampa, FL 33607 $11,462,112 CAD ($1,272.72 CAD/SF) 5.50% Cap Rate
Investment Highlights
- 12+ Years of Lease Term Remaining
- Triple Net Lease Structure
- Premier Westshore Location
- Annual Rent Growth
- Medical Office Investment
- Exceptional Accessibility
Executive Summary
Surmount is pleased to present the exclusive listing for a BioSpine located at 5301 Avion Park Drive, Tampa, FL 33607. The site consists of roughly 9,006 rentable square feet of building space on an estimated .33-acre parcel of land. BioSpine is subject to a 15-year Triple Net (NNN) lease, which commenced 1/10/2024. The current annual rent is $448,599 and has scheduled increases of 3.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,006 SF
Building Class
B
Year Built
2014
Price
$11,462,112 CAD
Price Per SF
$1,272.72 CAD
Cap Rate
5.50%
NOI
$630,416 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,006 SF
Zoning
PD
Parking
40 Spaces (4.44 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,262,404 CAD | |
| Land Assessment | $281 CAD | Total Assessment | $3,262,685 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$281 CAD
Improvements Assessment
$3,262,404 CAD
Total Assessment
$3,262,685 CAD
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BioSpine Surgery Center | 5301 Avion Park Dr
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