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Building B 6905-6907 W Waters Ave 3,000 SF 100% Leased Office Building Tampa, FL 33634 $2,155,399 CAD ($718.47 CAD/SF) 6.23% Cap Rate
Investment Highlights
- Excellent traffic counts on Waters Avenue
- Pylon and building signage
- Attractive, modern, dentist office buildout
Executive Summary
Current owner is an orthodontist that will lease the property back at $32 NNN for 5 years with annual increases of 2%. Seller would like two 5-year options to continue practicing at this location.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
3,000 SF
Building Class
B
Year Built
2013
Price
$2,155,399 CAD
Price Per SF
$718.47 CAD
Cap Rate
6.23%
NOI
$134,281 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.10
Lot Size
0.69 AC
Zoning
PD - Medical and office uses
Parking
10 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | U-24-28-17-C1X-000000-00002.0 | Improvements Assessment | $1,327,587 CAD |
| Land Assessment | $139 CAD | Total Assessment | $1,327,726 CAD |
Property Taxes
Parcel Number
U-24-28-17-C1X-000000-00002.0
Land Assessment
$139 CAD
Improvements Assessment
$1,327,587 CAD
Total Assessment
$1,327,726 CAD
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Building B | 6905-6907 W Waters Ave
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