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11602 N 51st St
Tampa, FL 33617
Two-Tenant Medical/Professional Office · Office Property For Sale
Investment Highlights
- 13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements Include: Exterior Painted in 2023, HVAC Replaced in 2020
- Additional Income From Cell Tower on Property With New Lease | Large, Landscaped and Lighted Parking Lot With 40 Parking Spaces
- Strategically Positioned Near Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa
- Building Features Cat 6 Cables Pre-Wired for High-Speed Internet | 100% Occupied by Two Tenants on New Gross Leases Starting at COE
- +/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St and Access From Both Traffic Directions
- Adjacent to University of South Florida Campus, a Major Public University With Over 50,000 Students
Executive Summary
13,523-SF, Two-Tenant Medical/Office Building 100% Occupied by Two Tenants on New Gross Leases Starting at COE
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,523 SF
Building Class
C
Year Built
1979
Price
$2,400,000
Price Per SF
$228.07
Cap Rate
7.15%
NOI
$171,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,262 SF
Slab To Slab
12’
Building FAR
0.28
Lot Size
0.87 AC
Zoning
RO1
Parking
40 Spaces (3.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | A-15-28-19-54V-000015-D0000.0 | Improvements Assessment | $697,285 |
| Land Assessment | $374,715 | Total Assessment | $1,072,000 |
Property Taxes
Parcel Number
A-15-28-19-54V-000015-D0000.0
Land Assessment
$374,715
Improvements Assessment
$697,285
Total Assessment
$1,072,000
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