Office Medical
Two-Tenant Medical/Professional Office | 100% Occupied | Proximity To USF Campus And I-75
11602 N 51st St, Tampa, FL 33617
Listing Price: $2,400,000
Cap Rate
7.15%
Gross SF
13,523
Rentable SF
13,523
Price/Gross SF
$177.48
Occupancy
100.0%
Year Built
1979
Lot Size
0.87 acres
Investment Overview
We're pleased to present the offering for a 100% occupied, two-tenant medical office in Tampa, FL.
Two-Tenant Medical/Professional Office | 100% Occupied | Proximity To USF Campus And I-75
Investment Highlights
- 13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements: Exterior Painted in 2023, HVAC Replaced in 2020 - Serviced Quarterly, Interior Renovations 2018-2019 & Parking Lot Repaved in 2019
- Building Features Cat 6 Cables Pre-Wired for High-Speed Internet | 100% Occupied by Two Tenants on New Gross Leases Starting at COE | Additional Income From Cell Tower on Property With New Lease
- Large, Landscaped & Lighted Parking Lot With 40 Parking Spaces | Both Tenant Spaces Handicapped Accessible | +/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St
- Strategically Positioned Near Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa | Adjacent to University of South Florida Campus, a Major Public University With Over 50,000 Students
- USF Recently Announced a Major Mixed-Use Development Project Along Fletcher Avenue, With 495K SF of Student and Multifamily Housing, a 78K SF Hotel and Conference Center and 60K of Retail Space in Addition to a 350K SF Academic Building Expanding the Campus Footprint
- Just Off of E Fowler Ave, a High Traffic Corridor With 73,000 Vehicles Per Day, and N 56th Street, Seeing 36,000 VPD | Development in Area Includes Neighboring Parcel Being Developed for New Self Storage Facility
- Located Within a Dense Medical Office Corridor, 2 Miles From Moffitt McKinley Hospital Campus | 3 Miles From Busch Gardens Tampa Bay, With Over 4 Million Annual Visitors
- Population Exceeds 251,000 Within 5-Miles of the Property and is Expected to Increase by 2029 | Daytime Population Of Over 312,900 Within 5-Miles
Exclusively Listed By
Financing By
Office Medical
Two-Tenant Medical/Professional Office | 100% Occupied | Proximity To USF Campus And I-75
Listing Price: $2,400,000
Cap Rate
7.15%
Gross SF
13,523
Rentable SF
13,523
Price/Gross SF
$177.48
Occupancy
100.0%
Year Built
1979
Lot Size
0.87 acres
Investment Highlights
- 13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements: Exterior Painted in 2023, HVAC Replaced in 2020 - Serviced Quarterly, Interior Renovations 2018-2019 & Parking Lot Repaved in 2019
- Building Features Cat 6 Cables Pre-Wired for High-Speed Internet | 100% Occupied by Two Tenants on New Gross Leases Starting at COE | Additional Income From Cell Tower on Property With New Lease
- Large, Landscaped & Lighted Parking Lot With 40 Parking Spaces | Both Tenant Spaces Handicapped Accessible | +/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St
- Strategically Positioned Near Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa | Adjacent to University of South Florida Campus, a Major Public University With Over 50,000 Students
- USF Recently Announced a Major Mixed-Use Development Project Along Fletcher Avenue, With 495K SF of Student and Multifamily Housing, a 78K SF Hotel and Conference Center and 60K of Retail Space in Addition to a 350K SF Academic Building Expanding the Campus Footprint
- Just Off of E Fowler Ave, a High Traffic Corridor With 73,000 Vehicles Per Day, and N 56th Street, Seeing 36,000 VPD | Development in Area Includes Neighboring Parcel Being Developed for New Self Storage Facility
- Located Within a Dense Medical Office Corridor, 2 Miles From Moffitt McKinley Hospital Campus | 3 Miles From Busch Gardens Tampa Bay, With Over 4 Million Annual Visitors
- Population Exceeds 251,000 Within 5-Miles of the Property and is Expected to Increase by 2029 | Daytime Population Of Over 312,900 Within 5-Miles
Investment Overview
We're pleased to present the offering for a 100% occupied, two-tenant medical office in Tampa, FL.
Exclusively Listed By
Financing By
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