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Seminole Heights 4006-4012 N Florida Ave 16,281 SF 100% Leased Office Building Tampa, FL 33603 $4,800,000 ($294.82/SF) 6.06% Cap Rate
Investment Highlights
- Hard Corner at Signalized Intersection
- New Roof Coating with 15yr Warranty
- Block Construction
- Sufficient Parking
Executive Summary
NNN Investment Opportunity
Located in the heart of Tampa’s thriving Seminole Heights neighborhood, this 16,280-square-foot commercial building presents a rare investment opportunity with immediate cash flow and additional upside potential.? The property is currently 100% occupied.?
This property features a dual-tenant configuration, with Seminole Heights Charter School occupying 12,530 square feet of the space as a long-term tenant since 2010.? The remaining 3,750 square feet is occupied by Nuvia Medical.
Located in the heart of Tampa’s thriving Seminole Heights neighborhood, this 16,280-square-foot commercial building presents a rare investment opportunity with immediate cash flow and additional upside potential.? The property is currently 100% occupied.?
This property features a dual-tenant configuration, with Seminole Heights Charter School occupying 12,530 square feet of the space as a long-term tenant since 2010.? The remaining 3,750 square feet is occupied by Nuvia Medical.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
16,281 SF
Building Class
B
Year Built/Renovated
1945/2020
Price
$4,800,000
Price Per SF
$294.82
Cap Rate
6.06%
NOI
$291,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,200 SF
Building FAR
0.50
Lot Size
0.75 AC
Zoning
CI, Tampa - Commercial
Parking
65 Spaces (4.01 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Hardwood Floors
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | A-01-29-18-4GL-000000-00460.0 | Improvements Assessment | $2,445,200 |
| Land Assessment | $100 | Total Assessment | $2,445,300 |
Property Taxes
Parcel Number
A-01-29-18-4GL-000000-00460.0
Land Assessment
$100
Improvements Assessment
$2,445,200
Total Assessment
$2,445,300
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