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507 W Alexander St
Plant City, FL 33563
WellMed · Office Property For Sale

Investment Highlights

  • Two, Five Year Tenant Renewal Options with Five Percent Rent Increases Every Five Years in Options
  • WellMed is a Multibillion-Dollar Revenue Healthcare Company Serving the Senior Population Primarily in Texas and Florida
  • Major Retail Corridor off James L. Redman Parkway with More Than 29,000 Vehicles Daily
  • At a Substantial Expense to the Tenant, an Additional 4,529 Square Feet was Added to the Building in 2017
  • WellMed is Part of Optum, a UnitedHealth Group Company
  • Surrounding National Retailers Include Lowe’s, Publix, Aldi, Walmart Supercenter, Staples, Marshalls, Michaels, Ross, Big Lots, PetSmart

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
15,041 SF
Building Class
C
Year Built/Renovated
1998/2017
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,041 SF
Building FAR
0.19
Lot Size
1.80 AC
Zoning
PD
Parking
50 Spaces (3.35 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
P-05-29-22-5A4-000000-00003.0
Land Assessment
$100
Improvements Assessment
$2,668,600
Total Assessment
$2,668,700
  • Listing ID: 23069241

  • Date on Market: 5/14/2021

  • Last Updated:

  • Address: 507 W Alexander St, Plant City, FL 33563

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