GREAT OPPORTUNITY FOR OWNER OCCUPIED OR INVESTOR TO ACQUIRE MULTI UNIT FREE STANDING EXECUTIVE, WATERFRONT OFFICE BUILDING.


Property

Website:https://www.nestseekers.com/5537672
Address:
LUTZ, FL 33549
Ownership: Corporation
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$2,455,000
Annual Taxes:$26,633

Description

GREAT OPPORTUNITY FOR OWNER-OCCUPIED OR INVESTOR TO ACQUIRE MULTI-UNIT FREE STANDING EXECUTIVE, WATERFRONT OFFICE BUILDING. Contains five waterfront office suites, each under 2,000 s.f. with separate utilities, street addresses and drive-up private entries. One can be available upon closing for new owner occupancy and the other four are leased, providing immediate income. Staggered personal guaranteed leases with exceptional returns and annual escalators. The Magnolia Center is a unique 4 building (all lakefront) park-like executive office center. The buildings feature timeless Southern architecture including premium designer shingles, hand-cast concrete Corinthian columns, herringbone brick walkways and abundant parking. Location. Location. Location. This desirable location has 400 feet frontage on busy US-41, North Florida Avenue in North Tampa. Conveniently located within minutes to I-275, Carrollwood, University of South Florida, Moffit Cancer Center, New Tampa, and the explosive growth of Pasco County (Lutz, Land O'Lakes, Wesley Chapel). This incredible location is all within walking distance to Avila, Publix and a new Starbucks! NO SIGN, PLEASE DO NOT CONTACT TENANTS.

Amenities

  • Lake Front

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of MARK A. PETCHE ATTORNEY AT LAW

LUTZ FL 33549 USA