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Class A West Tampa Office Space 6921 Pistol Range Rd 11,704 SF 100% Leased Office Building Tampa, FL 33635 $3,300,000 ($281.95/SF) 6.02% Cap Rate
Executive Summary
6921 Pistol Range Road – Prime Investment Sale/Leaseback Opportunity
Exceptional investment opportunity featuring a fully leased commercial property with long-term, stable tenancy in a highly desirable Tampa location.
This 11,704± square foot commercial building sits on 1.06± acres and offers investors immediate, dependable cash flow through established long-term leases with a dental practice and an adult day care center.
Property Highlights: Leases include 4% Annual Increases.
• Sale/Leaseback investment opportunity
• Long-term dental office lease in place
• Long-term adult day care lease in place
• Building size: 11,704± SF
• Land size: 1.06± acres
• New roof with 30-year architectural shingles
• Suite 101 (Adult Day Care) recently upgraded with:
o New electrical system
o New HVAC units
• Ample on-site parking
• Excellent demographics with strong surrounding residential population
• Adjacent to a Target-anchored shopping center featuring national retailers and a variety of restaurants
• Located just one block from Hillsborough Avenue, with approximately 52,000 vehicles per day, providing outstanding visibility and accessibility
This well-maintained asset offers an attractive combination of long-term tenancy, recent capital improvements, excellent traffic exposure, and a premier retail corridor location, making it an ideal addition to any investment portfolio.
Exceptional investment opportunity featuring a fully leased commercial property with long-term, stable tenancy in a highly desirable Tampa location.
This 11,704± square foot commercial building sits on 1.06± acres and offers investors immediate, dependable cash flow through established long-term leases with a dental practice and an adult day care center.
Property Highlights: Leases include 4% Annual Increases.
• Sale/Leaseback investment opportunity
• Long-term dental office lease in place
• Long-term adult day care lease in place
• Building size: 11,704± SF
• Land size: 1.06± acres
• New roof with 30-year architectural shingles
• Suite 101 (Adult Day Care) recently upgraded with:
o New electrical system
o New HVAC units
• Ample on-site parking
• Excellent demographics with strong surrounding residential population
• Adjacent to a Target-anchored shopping center featuring national retailers and a variety of restaurants
• Located just one block from Hillsborough Avenue, with approximately 52,000 vehicles per day, providing outstanding visibility and accessibility
This well-maintained asset offers an attractive combination of long-term tenancy, recent capital improvements, excellent traffic exposure, and a premier retail corridor location, making it an ideal addition to any investment portfolio.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
11,704 SF
Building Class
A
Year Built
2006
Price
$3,300,000
Price Per SF
$281.95
Cap Rate
6.02%
NOI
$198,561
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,704 SF
Building FAR
0.25
Lot Size
1.06 AC
Zoning
Office - General office/ Medical
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | U-28-28-17-ZZZ-000000-39181.0 | Improvements Assessment | $1,751,500 |
| Land Assessment | $100 | Total Assessment | $1,751,600 |
Property Taxes
Parcel Number
U-28-28-17-ZZZ-000000-39181.0
Land Assessment
$100
Improvements Assessment
$1,751,500
Total Assessment
$1,751,600
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Class A West Tampa Office Space | 6921 Pistol Range Rd
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