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Office

Owner-User or Value Add/ Humphrey Office Park

3830 W Humphrey St, Tampa, FL 33614

Listing Price: $1,950,000

Cap Rate
3.80%
Gross SF
12,300
Rentable SF
12,300
Price/Gross SF
$158.54
Lot Size
1.50 acres
Year Built
2007

Investment Overview

Marcus and Millichap is pleased to offer for sale Humphery Office Park, a 12,300 square feet building, sits on a large 1.5-acre lot and located in the heart of Tampa, a stone throw from Dale Mabry Highway which is a heavily trafficked south-north thoroughfare with over 70,000 vehicles per day, this elegantly designed office building is the first time offered for sale since its development in 2007, with a long history of full occupancy, way below market rent and the short term leases, the acquisition will offer investors a true value add opportunity. The property is 20 minutes from Tampa International airport and accessible to I-275, a densely populated site with 312,000 within 5 miles radius and 360,000 daytime population.

Investment Highlights

  • Owner-User or Value Add Opportunity
  • Below Market Rent
  • Well Maintained, Pride of Ownership
  • First Time Offered for Sale
  • Lunch/Break Park-like area
  • Ample Parking
  • Quick Access to Dale Mabry & I-275

Exclusively Listed By

Office

Owner-User or Value Add/ Humphrey Office Park

Listing Price: $1,950,000

Cap Rate
3.80%
Gross SF
12,300
Rentable SF
12,300
Price/Gross SF
$158.54
Lot Size
1.50 acres
Year Built
2007

Investment Highlights

  • Owner-User or Value Add Opportunity
  • Below Market Rent
  • Well Maintained, Pride of Ownership
  • First Time Offered for Sale
  • Lunch/Break Park-like area
  • Ample Parking
  • Quick Access to Dale Mabry & I-275

Investment Overview

Marcus and Millichap is pleased to offer for sale Humphery Office Park, a 12,300 square feet building, sits on a large 1.5-acre lot and located in the heart of Tampa, a stone throw from Dale Mabry Highway which is a heavily trafficked south-north thoroughfare with over 70,000 vehicles per day, this elegantly designed office building is the first time offered for sale since its development in 2007, with a long history of full occupancy, way below market rent and the short term leases, the acquisition will offer investors a true value add opportunity. The property is 20 minutes from Tampa International airport and accessible to I-275, a densely populated site with 312,000 within 5 miles radius and 360,000 daytime population.

Exclusively Listed By

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