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Office

Office Condo | Ballantrae Professional Office Center | 100% Occupied | Short-Term Leases

17807 Hunting Bow Cir, Lutz, FL 33558

Listing Price: $969,000

Cap Rate
5.21%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$242.25
Lot Size
0.10 acres
Year Built
2012

Investment Overview

Marcus & Millichap is pleased to bring to market a Two-Unit Office Condo located within the Tampa MSA.

Investment Highlights

  • 100% Occupied Office Duplex Located Within Ballantrae Professional Center | Tenants on Month-to-Month Leases
  • Fully Built-Out Interior With Ample Parking and Easy Access to Florida State Route 54, Seeing 58,000 Vehicles Per Day
  • Each Suite Contains 9 Offices with Conference Room, Reception Area, Restroom, Storage Break Room and Rear Entry
  • Ballantrae Professional Center is Just Off of FL-54, Adjacent to a New Construction Apartment Complex in a Quickly Growing Retail, Office and Industrial Corridor
  • Located Near Multiple National Tenants Such as Aldi, Publix, Starbucks, EoS Fitness, The Learning Experience, Chick-Fil-A, First Watch, Wendy's, Taco Bell, Circle K, Domino's and More
  • Adjacent to 54 Crossings: a New Construction, Multi-Phase, Class A Office Complex and 0.5 Miles From Sunlake Business Center @ SR-54, a Major 361k SF Class A Industrial Development Built in 2023
  • Strong Demographics: Population Exceeds 78,500 Within 5-Miles and is Projected to Increase Over 13% by 2027
  • Average Household Income of $133,100+ Within 3-Miles

Exclusively Listed By

Financing By

Office

Office Condo | Ballantrae Professional Office Center | 100% Occupied | Short-Term Leases

Listing Price: $969,000

Cap Rate
5.21%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$242.25
Lot Size
0.10 acres
Year Built
2012

Investment Highlights

  • 100% Occupied Office Duplex Located Within Ballantrae Professional Center | Tenants on Month-to-Month Leases
  • Fully Built-Out Interior With Ample Parking and Easy Access to Florida State Route 54, Seeing 58,000 Vehicles Per Day
  • Each Suite Contains 9 Offices with Conference Room, Reception Area, Restroom, Storage Break Room and Rear Entry
  • Ballantrae Professional Center is Just Off of FL-54, Adjacent to a New Construction Apartment Complex in a Quickly Growing Retail, Office and Industrial Corridor
  • Located Near Multiple National Tenants Such as Aldi, Publix, Starbucks, EoS Fitness, The Learning Experience, Chick-Fil-A, First Watch, Wendy's, Taco Bell, Circle K, Domino's and More
  • Adjacent to 54 Crossings: a New Construction, Multi-Phase, Class A Office Complex and 0.5 Miles From Sunlake Business Center @ SR-54, a Major 361k SF Class A Industrial Development Built in 2023
  • Strong Demographics: Population Exceeds 78,500 Within 5-Miles and is Projected to Increase Over 13% by 2027
  • Average Household Income of $133,100+ Within 3-Miles

Investment Overview

Marcus & Millichap is pleased to bring to market a Two-Unit Office Condo located within the Tampa MSA.

Exclusively Listed By

Financing By

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