14517-14519 N 18th St - Office FOR SALE


Tampa, FL 33613- University Square
$750,000 USD
813-997-3341
14517-14519 N 18th St, Tampa, FL for Sale
$750,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

May '25


14517-14519 N 18th St
Tampa, FL 33613
University Square


HIGHLIGHTS

  • 2,934 SF Professional Office in North Tampa - split into two mirror image suites of 1,467 each with 14 total parking spaces
  • Each office suite contains a reception office, conference room, 5 offices, storage/IT room, kitchen and one restroom
  • Prominent pylon signage with 35,500 vehicles per day driving by on E Bearss Ave - property has 192 feet of frontage on E Bearss Ave
  • Occupy one suite with your business and lease out the other for income to offset your occupancy costs
  • 50-year metal roof with 32 years remaining! One HVAC less than a year old!

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

CN

APN/PARCEL ID

U-06-28-19-1G9-000000-00023.0

ASK ABOUT THIS PROPERTY

Kori Billings CCIMBridgewater Commercial Real EstateMore Info
813-997-3341

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Kori Billings CCIMBridgewater Commercial Real EstateMore Info
813-997-3341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.