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10941-10943 Countryway Blvd 3,000 SF 100% Leased Office Building Tampa, FL 33626 $900,000 ($300/SF) 5.32% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Leased
- Monument Sign
- Great Neighboring Businesses
- Opportunity for Owner-user Occupancy
- Two Units
- Easy, Ample Parking
EXECUTIVE SUMMARY
Offered is a 3,000 sq ft professional office duplex in the heart of Westchase, one of the Tampa Bay region’s most exclusive and sought-after communities. This property is currently 100% leased, making it ideal for an investor, however there is opportunity for an owner-user to use one of the units immediately after closing; inquire for details. The two units are mirror-images of each other and include a waiting room, large reception and admin space, four exam rooms, a bathroom, lab, and break room. A rear entrance in each unit provides owners and staff with a discrete, private egress away from clients in the waiting room.
The complex’s ample parking can accommodate even the most parking-intensive users. An emergency generator has been added to the property for one of the units, perfect for a medical office that needs to store temperature-sensitive medications and vaccinations. The offices are conveniently located adjacent to the complex’s mailboxes and trash facilities. A prominent monument sign along Countryway Blvd provides unparalleled exposure to passing traffic. Owners, tenants, staff, and customers will all appreciate the convenience of being walking distance to a Publix-anchored shopping plaza featuring several restaurants, as well as a clean and well-lit 7-Eleven convenience store and gas station. Other nearby businesses include Truist, Wells Fargo, a dry cleaner, and a UPS Store.
Current tenants include a salon and a (vacant) pediatrician’s office. The salon intends to stay, and their lease renewal is currently being negotiated. The pediatrician’s office has 2-3 years remaining on their lease, however if an owner-user was interested in taking over the space, they have expressed willingness to pay to buy out their lease, freeing the space up.
Access to SR 589 Veterans Expressway is just 10 minutes to the east. Tampa International Airport (TPA) and St. Pete/Clearwater International Airport (PIE) are 18- and 30-minutes away, respectively.
Don’t miss this opportunity!
The complex’s ample parking can accommodate even the most parking-intensive users. An emergency generator has been added to the property for one of the units, perfect for a medical office that needs to store temperature-sensitive medications and vaccinations. The offices are conveniently located adjacent to the complex’s mailboxes and trash facilities. A prominent monument sign along Countryway Blvd provides unparalleled exposure to passing traffic. Owners, tenants, staff, and customers will all appreciate the convenience of being walking distance to a Publix-anchored shopping plaza featuring several restaurants, as well as a clean and well-lit 7-Eleven convenience store and gas station. Other nearby businesses include Truist, Wells Fargo, a dry cleaner, and a UPS Store.
Current tenants include a salon and a (vacant) pediatrician’s office. The salon intends to stay, and their lease renewal is currently being negotiated. The pediatrician’s office has 2-3 years remaining on their lease, however if an owner-user was interested in taking over the space, they have expressed willingness to pay to buy out their lease, freeing the space up.
Access to SR 589 Veterans Expressway is just 10 minutes to the east. Tampa International Airport (TPA) and St. Pete/Clearwater International Airport (PIE) are 18- and 30-minutes away, respectively.
Don’t miss this opportunity!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
3,000 SF
Building Class
B
Year Built
2006
Price
$900,000
Price Per SF
$300
Cap Rate
5.32%
NOI
$47,880
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.94
Lot Size
0.07 AC
Zoning
PD - Planned Development
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
AMENITIES
- Reception
- Air Conditioning
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10941-10943 Countryway Blvd
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