18039 N US Highway 41
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18039 N US Highway 41
2,556 SF Office Building Lutz, FL 33549 $1,475,000 ($577/SF) 4.83% Cap Rate
Executive Summary
This property 2.57 ac property will convey with a quality tenant who occupies the existing building. Previously the site was approved to add three additional office buildings. The existing tenant who is a veterinary clinic occupies 2,550 sf provides a stable income and there is upside potential by developing the additional office buildings. Excellent visibility on busy Hwy 41. A traffic light is at the property entrance. Please see the attache brochure for me or details.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,556 SF
Building Class
B
Year Built
1984
Price
$1,475,000
Price Per SF
$577
Cap Rate
4.83%
NOI
$71,293
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,556 SF
Building FAR
0.02
Land Acres
2.62 AC
Zoning
PD Office/Retail - See Seller documents: Office or Land
Parking
12 Spaces (4.69 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Fenced Lot
- Fireplace
- Kitchen
- Central Heating
- Partitioned Offices
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | U-13-27-18-ZZZ-000000-54940.0 | Improvements Assessment | $261,575 |
| Land Assessment | $269,025 | Total Assessment | $530,600 |
PROPERTY TAXES
Parcel Number
U-13-27-18-ZZZ-000000-54940.0
Land Assessment
$269,025
Improvements Assessment
$261,575
Total Assessment
$530,600
-
Steven Silverman -
Tampa Commercial Real Estate
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18039 N US Highway 41
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