600 S Magnolia Ave - Office FOR SALE


Tampa, FL 33606- Hyde Park
$6,100,000 USD
813-605-4475
600 S Magnolia Ave, Tampa, FL for Sale
$6,100,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

600 S Magnolia Ave
Tampa, FL 33606
Hyde Park


HIGHLIGHTS

  • Exceptional Location with Premier Connectivity
  • Attractive Opportunity for Owner-Occupants or Hybrid Investors
  • Strong Potential for Rental Growth
  • Demonstrated Leasing Success Despite Broader Market Trends
  • Ideal Suite Sizes for Tenant Retention and Market Appeal

OVERVIEW

On behalf of the Owner, Colliers, as exclusive advisor, is pleased to present the opportunity to acquire Edgewater, located at 600 S. Magnolia Ave. & 601 S. Deleon St., Tampa, FL (the “Property”). The Property features an existing 3-story, boutique office building totaling ±20,330 rentable square feet (“RSF”). Situated within the highly sought-after Hyde Park District within the South Tampa submarket, the Property sits on ± 0.78 combined acres with immediate connectivity to Downtown Tampa via Bayshore Blvd. Originally developed circa 1924 as a hotel, Edgewater consists of a 3-story, multi-tenant professional office building 100% leased to 14 tenants with ± 2 years of W.A.L.T. remaining. The Property has a timeless design and has been exceptionally well-maintained by the current Owner.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Edgewater

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

RO1

APN/PARCEL ID

A-24-29-18-4ZX-000016-C0000.0

ASK ABOUT THIS PROPERTY

Paul CarrColliersMore Info
813-605-4475

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Paul CarrColliersMore Info
813-605-4475

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