6920 N Dale Mabry Hwy - Health Care FOR SALE


Tampa, FL 33614
$10,024,924 USD
727-452-6864
6920 N Dale Mabry Hwy, Tampa, FL for Sale
$10,024,924 USD
Health Care - FOR SALE
1/4
null | 6% Cap Rate

6920 N Dale Mabry Hwy
Tampa, FL 33614


HIGHLIGHTS

  • Multi-disciplinary medical tenant - The practice includes five (5) Medical Doctors with focuses in Sports Medicine, Functional Medicine and more.
  • Significant recent capital improvements - Tenant will complete a minimum of $4 million in buildout, showing strong dedication to the location.
  • Minimal landlord responsibilities - NNN lease where the tenant is responsible for CAM, property taxes, and insurance.
  • Stabilized cash flow - Tenant recently signed a new ten (10) year lease, with three 5-year options.
  • Strategic location - The property is located on North Dale Mabry, Tampa’s largest retail corridor, with an average daily traffic count of 64,000 AADT
  • Desirable demographics

OVERVIEW

RIPCO Real Estate is pleased to offer for sale 6920 N Dale Mabry Hwy, a 21,484 SF commercial property located on the westside of N Dale Mabry Hwy in Tampa, FL. The property was recently leased to Harley Davidson and served as a motorcycle dealership. Harley Davidson vacated the property in 2023 and The Performance Lab recently signed a 10-year lease which includes significant renovations to the property, including the installation of a new roof, new HVAC units, code improvements, and a buildout of more than $4 million to be paid for by the tenant. This stretch of N Dale Mabry Hwy where the property is located has an AADT of 64,000. Within 3 miles of 6920 N Dale Mabry Hwy, there is a population of 100,150 and an average household income of $81,353. The asset would be an attractive investment opportunity for investors looking for minimal landlord responsibilities, a newly-renovated commercial property, occupied by a tenant with strong dedication to the location, located on North Dale Mabry, Tampa’s largest retail corridor.

FOR SALE DETAILS

PRICE

$10,024,924 USD

PRICE/SF

$467 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Freestanding, Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

CG

APN/PARCEL ID

U-28-28-18-16E-E00000-00005.4

ASK ABOUT THIS PROPERTY

Ari RaviRipco Real EstateMore Info
727-452-6864

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Ari RaviRipco Real EstateMore Info
727-452-6864

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