TAMPA, FL 33626

Property

Ownership: Other
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,499,900
Annual Taxes:$16,842.56
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of WILLIAM D. BESSELIEU

Price 1, 499, 900 Cap Rate 5.

Description

Price: $1,499,900 Cap Rate: 5.5% Building Size: 4,960 SF Year Built: 2005 Construction: Concrete Block Land Size: 0.12 Acre Traffic Counts: 30,000+ AADT Parking: Ample Zoning: PD/Planned Development Other Potential Uses: Medical, Attorney, CPA, etc. Folio Number: 004018-0180 Location: Unincorporated Hillsborough County Signage: Pylon sign and on building. Utilities: Water/Sewer - Hillsborough County ~ Electric: Tampa Electric Roof Replacement: 2022 Taxes (2024): $16,169 Opportunity Zone: Not located in an OZ. Welcome to this exceptional opportunity to acquire a fully leased medical office building located at the entrance of Westchase featuring over 9,000 households. This property is located in the Chase Professional Park on Sheldon Road. This is a great opportunity for an investor looking for an income property in an excellent location with good visibility. The Chase Professional Park features two driveway entrances with northbound turn access, 14 total buildings, excellent parking and signage. Chase Professional Park is connected to the Applebee's and the CVS along a driveway to the south. The subject building is a desirable end unit located directly on Sheldon road and its 30,000 cars per day (AADT). The building has both a pylon sign along Sheldon Rd as well as building signage for maximum visibility. This offering is for fully leased medical office building is 4,960 sf of concrete block construction and two equal +/- sized units. The roof was replaced in 2022 and the building is in excellent condition having been well maintained. The west 1⁄2 features a more open floor plan and the eastern 1⁄2 has more of a medical buildout with a circular layout. This property is excellent for a buyer looking for a good investment with the low maintenance of a newer building. For additional financial information please sign and return attached Confidentiality Agreement. Quarterly Owner Association Fees - $2,635

Amenities

  • Electricity Available
  • Phone Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.