11602 N 51st St - Office FOR SALE


Tampa, FL 33617- Terrace Park
$2,400,000 USD
513-325-8682
11602 N 51st St, Tampa, FL for Sale
$2,400,000 USD
Office - FOR SALE
1/6
null | 7.15% Cap Rate

11602 N 51st St
Tampa, FL 33617
Terrace Park


HIGHLIGHTS

  • 13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements Include: Exterior Painted in 2023, HVAC Replaced in 2020
  • 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 and Lighted Parking Lot With 40 Parking Spaces
  • +/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St and Access From Both Traffic Directions
  • 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

OVERVIEW

13,523-SF, Two-Tenant Medical/Office Building 100% Occupied by Two Tenants on New Gross Leases Starting at COE

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two-Tenant Medical/Professional Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

RO1

APN/PARCEL ID

A-15-28-19-54V-000015-D0000.0

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.