This North Tampa professional office presents a rare opportunity to purchase a building that is not located within a traditional office park and therefore is not subject to condo association fees. The office is split into two mirror image office suites of 1,467 square feet. Each suite is comprised of a reception office, conference room, 5 offices, storage/IT room, kitchen and one restroom.
I-275 is just 1.2 miles west of this North Tampa office, making downtown Tampa a quick 15-minute drive. The office benefits from 192 feet of frontage along East Bearss Avenue with its impressive 35,500 daily vehicle count. The prominent pylon signage provides building occupants with optimum advertising to a very busy traffic corridor.
This office is an ideal choice for a buyer that would occupy one suite with their business and rent out the other for income as the sellers have done for the past seven years. The sellers have quickly leased the additional suite three times since 2018, providing a steady stream of income to offset their occupancy costs. For investors, the office provides an affordable investment property with functional office space in suite sizes that lease up quickly.
The north half of the building is occupied by a tenant whose lease expires May 31, 2025. The tenant did not exercise their renewal option but has not given notice they are vacating. A buyer could elect to negotiate a new lease with the tenant or choose to occupy the entire building.
Note the building has a “50-year” hurricane proof metal roof with approximately 32-years of life remaining. The owners have additionally installed multiple lightning rods on the roof. One HVAC is less than a year old and the other dates to 2013.
Please contact Kori Billings at 813-997-3341 for more information or to schedule a showing.