Office
Two-Tenant Medical Facility | Near USF | Tampa MSA
9740 N 56th St, Temple Terrace, FL 33617
Listing Price: $2,275,000
Cap Rate
5.64%
Gross SF
7,434
Rentable SF
7,434
Price/Gross SF
$306.03
Lot Size
1.07 acres
Year Built
1969
Investment Overview
Marcus & Millichap is pleased to bring to market the offering for a Two Tenant Medical Facility in Temple Terrace, FL.
Two-Tenant Medical Facility | Near USF | Tampa MSA
Investment Highlights
- 7,434-SF, Two-Tenant Medical Office and Retail Pharmacy | 1969 Construction, Effective 2005 | Both Tenants Are on a NN Lease: Landlord is Responsible for Roof, Structure, and Parking Lot
- Ally Healthcare Lease is Guaranteed by InnovaCare US, a Multi-State, Private Equity-Backed, Value-Based Healthcare Operator Supported by Bain Capital, which Manages $78 Billion in AUM. This Strong Cap
- Renovations Completed in 2018 Include: New Roof With 10 Year Warranty, 5 New HVAC Units, Parking Lot Restriped and Interior Finishes Including Paint, and Laminate Flooring Planks
- Large, Landscaped and Lighted Parking Lot With 50 Parking Spaces and a Drive Thru Pharmacy and Lighted Sign in Front | +/-1.07 Acre Lot on a Hard Corner With Three Points of Ingress/Egress Onto N 56th St and Access From Both Traffic Directions
- Strategically Positioned in Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa
- N 56th Street Sees High Traffic With 35,000 Vehicles Per Day, 0.4 Miles From E Busch Blvd Seeing 37,500 VPD | Located Within a Dense Residential and Retail Corridor, Adjacent to the Temple Terrace Golf Club
- 2 Miles From Busch Gardens Tampa Bay, With Over 4 Million Annual Visitors and 2 Miles From University of South Florida Campus, a Major Public University With Over 50,000 Students
- Population Exceeds 250,000 Within 5-Miles of the Property and is Expected to Increase by 2028 | Daytime Population Of Over 161,000 Within 3-Miles
Exclusively Listed By
Financing By
Listing Price: $2,275,000
Cap Rate
5.64%
Gross SF
7,434
Rentable SF
7,434
Price/Gross SF
$306.03
Lot Size
1.07 acres
Year Built
1969
Investment Highlights
- 7,434-SF, Two-Tenant Medical Office and Retail Pharmacy | 1969 Construction, Effective 2005 | Both Tenants Are on a NN Lease: Landlord is Responsible for Roof, Structure, and Parking Lot
- Ally Healthcare Lease is Guaranteed by InnovaCare US, a Multi-State, Private Equity-Backed, Value-Based Healthcare Operator Supported by Bain Capital, which Manages $78 Billion in AUM. This Strong Cap
- Renovations Completed in 2018 Include: New Roof With 10 Year Warranty, 5 New HVAC Units, Parking Lot Restriped and Interior Finishes Including Paint, and Laminate Flooring Planks
- Large, Landscaped and Lighted Parking Lot With 50 Parking Spaces and a Drive Thru Pharmacy and Lighted Sign in Front | +/-1.07 Acre Lot on a Hard Corner With Three Points of Ingress/Egress Onto N 56th St and Access From Both Traffic Directions
- Strategically Positioned in Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa
- N 56th Street Sees High Traffic With 35,000 Vehicles Per Day, 0.4 Miles From E Busch Blvd Seeing 37,500 VPD | Located Within a Dense Residential and Retail Corridor, Adjacent to the Temple Terrace Golf Club
- 2 Miles From Busch Gardens Tampa Bay, With Over 4 Million Annual Visitors and 2 Miles From University of South Florida Campus, a Major Public University With Over 50,000 Students
- Population Exceeds 250,000 Within 5-Miles of the Property and is Expected to Increase by 2028 | Daytime Population Of Over 161,000 Within 3-Miles
Investment Overview
Marcus & Millichap is pleased to bring to market the offering for a Two Tenant Medical Facility in Temple Terrace, FL.
Exclusively Listed By
Financing By
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