• Broker Erik Vasquez 4074157825

Bank of America Center Condos 2 Office Condos in Temple Terrace, FL

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INVESTMENT HIGHLIGHTS

  • Sale includes the 2nd and 3rd floor of the Building, 12 units, ranging from 600-2300SF, Plus Additional Storage Space.
  • Join the Building's anchor tenant, Bank of America, at their Temple Terrace location.
  • The building underwent a significant remodel in the summer of 2022. Upgrades include a new roof, replacement HVAC units, and a repaved and re-striped.
  • Condo Association controlling majority, over 50% of Votes.
  • With decades of service, this branch ranks as the 6th highest in deposits within the Tampa Bay Metropolitan Area.
  • The Building Association maintains the building's structure and roof, common areas, parking, lights, landscaping, and janitorial services.

EXECUTIVE SUMMARY

Sale Includes the 2nd and 3rd floor of the Building, 12 Professional Offices, Ranging From 600-2300SF, Plus Additional Storage Space. Condo Association controlling majority, over 50% of Votes. Join the Building's anchor tenant, Bank of America, at their Temple Terrace location. With decades of service, this branch ranks as the 6th highest in deposits within the Tampa Bay Metropolitan Area. The building underwent a significant remodel in the summer of 2022. Upgrades include a new roof, replacement HVAC units, and a repaved and re-striped parking lot. The entire second floor has been renovated with new porcelain plank-look tile flooring, updated HVAC, fresh paint, a revamped common area break room, new lighting, and ceiling tiles. The Building Association maintains the building's structure and roof, common areas, parking, lights, landscaping, and janitorial services. The NNN lease structures simplify management with minimal owner involvement, allowing association fees to be reimbursed through Additional Rent.

ATTACHMENTS

Brochure for BOA
BOA Offering Memorandum

PROPERTY FACTS

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 14,738 SF

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Bank of America Financial Center
9385 N 56th St, 3rd Floor - Unit 3rd Floor, Temple Terrace, FL 33617 		Office Condo 7,369 SF 1960 -
Bank of America Financial Center
9385 N 56th St, 2nd Floor - Unit 2nd Floor, Temple Terrace, FL 33617 		Office Condo 7,369 SF 1960 -
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