2701 W St Isabel St - Medical FOR SALE


Tampa, FL 33607- Stadium Area
$3,250,000 USD
727-388-9500
2701 W St Isabel St, Tampa, FL for Sale
$3,250,000 USD
Medical - FOR SALE
1/46
null | 5.94% Cap Rate

2701 W St Isabel St
Tampa, FL 33607
Stadium Area


HIGHLIGHTS

  • Credit rated tenant in United Healthcare Group (UHG)
  • NNN lease with new 5-year initial term and 5-year option beginning January 2026
  • High-end medical buildout performed specifically for tenant (build-to-suit)
  • Close proximity to two major hospitals
  • Below market contractual rent (positive leasehold interest)
  • Vaulted retention and adequate covered parking

OVERVIEW

2701 W Saint Isabel St. is a stand-alone, Class A medical office building constructed in 2008 with reinforced concrete block and stucco construction. The property totals approximately 7,670 square feet across two stories, with roughly 6,375 square feet of rentable area situated on a 0.46-acre corner lot. It offers excellent accessibility and visibility at the intersection of St. Isabel and Tampania Avenue, only minutes from Tampa International Airport and just two blocks from St. Joseph’s Hospital and St. Joseph's Women's Hospital —an ideal location for medical tenants seeking proximity to a major healthcare hub. The building features 38 dedicated parking spaces, including 19 covered spaces, which is a meaningful advantage for a medical operation with regular patient flow and staff traffic. Inside, the first-floor lobby is finished with ceramic tile, crown molding, recessed lighting, and a dropped acoustical ceiling, creating a professional presence for visitors. With its credit rated tenant (United Healthcare Group), strong location, modern construction/buildout and ample covered parking, this property positions an investor to capture stable cash flow from medical tenancy while retaining opportunities for future upside (below mkt. rent). This property offers a rare opportunity for stable, long-term cash flow — it is fully leased and occupied by a well-established medical provider, WellMed a division of United Healthcare Group (UHG). Credit rated tenant just executed a 5-year lease with 5-year option after occupying building for its 1st 10 years as only occupant after high grade medical purpose buildout.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,000 SF

ZONING

PD

APN/PARCEL ID

A-10-29-18-3IV-000000-00043.0

ASK ABOUT THIS PROPERTY

John Barkett, MAIBarkett RealtyMore Info
727-388-9500

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John Barkett, MAIBarkett RealtyMore Info
727-388-9500

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