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101-110 Southern Oaks Dr & Thonotosassa Rd & Baker St 14,642 SF 100% Leased Office Building Plant City, FL 33563 $2,200,000 ($150.25/SF)
INVESTMENT HIGHLIGHTS
- 100% Leased - Investment
- All Medical Tenants
- Sale Lease-Back
- Few Medical Offices For Lease In Plant City
EXECUTIVE SUMMARY
Sale Lease-Back, seller owning 24% of the rentable building area, and will provide buyer with a long term lease.
Full leased medical office complex, many tenants have been there for years and now month-to-month. This is a good opportunity for investor to bring some units up to market rates. There are very few medical office spaces available for lease in Plant City.
Vacant, contiguous buildable lot zoned for Office, 0.82 Acres, Folio #: 204202-5000, also available for $300,000.
Full leased medical office complex, many tenants have been there for years and now month-to-month. This is a good opportunity for investor to bring some units up to market rates. There are very few medical office spaces available for lease in Plant City.
Vacant, contiguous buildable lot zoned for Office, 0.82 Acres, Folio #: 204202-5000, also available for $300,000.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$248,914
|
$17.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,446
|
$0.85
|
| Effective Gross Income |
$236,468
|
$16.15
|
| Taxes |
$45,298
|
$3.09
|
| Operating Expenses |
$35,782
|
$2.44
|
| Total Expenses |
$81,080
|
$5.54
|
| Net Operating Income |
$155,388
|
$10.61
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $248,914 |
| Annual Per SF | $17.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $12,446 |
| Annual Per SF | $0.85 |
| Effective Gross Income | |
|---|---|
| Annual | $236,468 |
| Annual Per SF | $16.15 |
| Taxes | |
|---|---|
| Annual | $45,298 |
| Annual Per SF | $3.09 |
| Operating Expenses | |
|---|---|
| Annual | $35,782 |
| Annual Per SF | $2.44 |
| Total Expenses | |
|---|---|
| Annual | $81,080 |
| Annual Per SF | $5.54 |
| Net Operating Income | |
|---|---|
| Annual | $155,388 |
| Annual Per SF | $10.61 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
14,642 SF
Building Class
B
Year Built
1982
Price
$2,200,000
Price Per SF
$150.25
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,642 SF
Building FAR
0.16
Lot Size
2.14 AC
Zoning
C-1B - specific zoning designation within a single municipality, such as a neighborhood commercial zone with specific development requirements, a commercial-residential overlay, or a local commercial classification within the county
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 105-107
- 2,164 SF
- Office/Medical
- Full Build-Out
- Jan 2026
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 105-107 | 2,164 SF | Office/Medical | Full Build-Out | Jan 2026 |
1st Fl-Ste 105-107
| Size |
| 2,164 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $2,655,278 (2024) | |
| Land Assessment | $1,401,461 (2024) | Annual Taxes | $45,298 ($3.09/SF) |
| Improvements Assessment | $1,253,817 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,401,461 (2024)
Improvements Assessment
$1,253,817 (2024)
Total Assessment
$2,655,278 (2024)
Annual Taxes
$45,298 ($3.09/SF)
Tax Year
2025 Payable 2025
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101-110 Southern Oaks Dr & Thonotosassa Rd & Baker St
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