14302 Bruce B Downs Blvd - Medical FOR SALE


Tampa, FL 33613- University Square
$5,554,000 USD
954-302-7365
14302 Bruce B Downs Blvd, Tampa, FL for Sale
$5,554,000 USD
Medical - FOR SALE
1/7
null | 5.75% Cap Rate

14302 Bruce B Downs Blvd
Tampa, FL 33613
University Square


HIGHLIGHTS

  • 8 Year Operating History | 2.5% Annual Rental Increases | Established Tenant
  • NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
  • Fronting Bruce B Downs Blvd (51,500 VPD) | Just North of USF |Surrounding Retailers | Surrounding Residential and Multi-Family
  • Dense Demographics In 5-mile Trade Area

OVERVIEW

• The tenant has operated at this location since 2017 and has 9 years remaining on their lease • The lease features 2.5% annual rental increases throughout the term, generating additional NOI and hedging against inflation • SimonMed is one of the largest outpatient medical imaging providers and radiology practices in the United States • SimonMed has approximately 170 sites across 11 states and over 200 subspecialty-trained radiologists

FOR SALE DETAILS

PRICE

$5,554,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SimonMed Imaging - Tampa FL

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

Commercial

APN/PARCEL ID

U-05-28-19-ZZZ-000001-26300.0

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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