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2701 W Busch Blvd 29,214 SF 99% Leased Office Building Tampa, FL 33618 $5,750,000 ($196.82/SF) 7.03% Cap Rate



Investment Highlights
- One-of-a-kind two-story office building situated on 2 acres of land, featuring mature oak trees and ample on-site parking.
- Impressive Net Operating Income(NOI) of ~$400,000, with value-add services including rentable conference rooms and state-of-the-art training facility.
- 100% occupied, with a diversified multi-tenant rent roll.
- The Financial Center is conveniently located just 1 mile from N. Dale Mabry and 2 miles from Interstate 275.
Executive Summary
Rare opportunity to acquire a turn-key professional office in the heart of the Carrollwood submarket of Tampa. This property features over 28,000 square feet of tenant space on nearly 2 acres of land. With a near 100% occupancy rate (99.3%) and zero deferred maintenance, this asset would make a great addition to any investment portfolio. Rent roll and financials available upon request.
Financial Summary (Pro Forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
29,214 SF
Building Class
C
Year Built/Renovated
1989/2015
Price
$5,750,000
Price Per SF
$196.82
Cap Rate
7.03%
NOI
$404,225
Percent Leased
99%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,607 SF
Slab To Slab
12’
Building FAR
0.34
Lot Size
1.96 AC
Zoning
PD - Planned Development
Parking
89 Spaces (3.09 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Wheelchair Accessible
- Kitchen
- Storage Space
- Central Heating
- Natural Light
- Partitioned Offices
- Shower Facilities
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Main Street Renewal
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Main Street Renewal | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 112
- 175 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 112 | 175 SF | Office | Full Build-Out | Now |
1st Fl-Ste 112
| Size |
| 175 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
15,389
124,389
315,426
2024 Population
16,814
127,329
323,729
Population Growth '20-'24
9.3%
2.4%
2.6%
2020 Households
6,682
49,587
124,779
2024 Households
7,310
50,862
128,238
Household Growth '20-'24
9.4%
2.6%
2.8%
Average Age
38
40
39
Median Household Income
$53,953
$53,232
$51,645
Daytime Employees
5,725
57,299
188,982
Total Businesses
950
7,676
23,684
College Degree + Higher
32%
25%
26%
Property Taxes
| Parcel Number | U-22-28-18-158-000005-00001.0 | Total Assessment | $3,437,800 (2025) |
| Land Assessment | $100 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,437,700 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
U-22-28-18-158-000005-00001.0
Land Assessment
$100 (2025)
Improvements Assessment
$3,437,700 (2025)
Total Assessment
$3,437,800 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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2701 W Busch Blvd
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