13907 N Dale Mabry
Tampa, FL 33618
Carrollwood
HIGHLIGHTS
- Bay Lake Center is 87.1% occupied by nine office and service tenants
- Eight of the nine tenants have base year stops providing the owner with protection from expense increases
- Many of the tenants have relocation clauses in their lease which allows an Owner/User to relocate tenants to occupy space themselves
- Five of the nine tenants have lease expirations within the next three years with below market rents
- The asset is located in the Carrollwood Office Corridor, a mature middle to upper income submarket of Tampa with a strong demand for suburban offices
- The surrounding office submarket has very low vacancy rates and investment opportunities along Dale Mabry rarely become available
FOR SALE DETAILS
PRICE
$2,950,000 USD
PRICE/SF
$167 USD /SF
CAP RATE
6.53%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bay Lake Center
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
BP-O, County
APN/PARCEL ID
U-04-28-18-0UP-000000-00005.0
ASK ABOUT THIS PROPERTY
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727-452-6864
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727-452-6864
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