21859 Sr-54 4,487 SF 11% Leased Office Building Lutz, FL 33549 $2,500,000 ($557.17/SF)




INVESTMENT HIGHLIGHTS
- 300FT of SR-54 frontage
- 1.48 Acre LAKEFRONT site
- Zoned C2 allowing a wide range of office and/or retail use
- Traffic count over 56,000 daily
- Freestanding FULLY REMODELED 4,000Sq.Ft. office building ready for immediate occupancy
- Large portion of property is undeveloped - See survey
EXECUTIVE SUMMARY
Very unique opportunity to acquire a fully remodeled freestanding office building setting on 1.48 acres along a major 6-lane highway with tremendous expansion possibilities. Previously 2 separate parcels, combined into one large parcel now featuring over 300ft of SR-54 frontage with a traffic count exceeding 56,000 cars daily. Terrific visibility with large lighted monument signage along SR-54. Less than half of the site is currently developed providing ample space for additional structures and/or expansion. Located within Pasco County which is one of the fastest growing counties in FL, boasting a robust economy, massive housing PUD’s, and immediate access to world-class amenities. Nearby major businesses include Lowes, CVS, Tampa Premium Outlets, Publix, and Walmart. Local demographics of more than 100,000 residents and average household income over $100,000. This LAKEFRONT site is very private and bordered by state property to the East, GTE Credit Union to the West, and a beautiful lake to the North with terrific views from multiple offices. Just minutes to I-75, US-41, and the Suncoast Parkway providing rapid access to downtown Tampa and Tampa International Airport. The fully remodeled 2-story block construction office building includes 12-14 private office spaces, 2 updated bathrooms, updated kitchen, large receptionist office, lobby area, custom glass doors, 4 private entrances, oversized storage room with overhead door option, full LED lighting throughout, wood laminate flooring, and a large fenced/gated area for storage of vehicles and/or equipment. Currently vacant, presenting the chance for an end-user to customize the space to meet their business needs, or for an investor looking for a piece of property in this rapidly expanding market. C-2 Zoning provides for a very wide array of business & retail uses. See documents for details. Possible owner financing.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,487 SF
Building Class
C
Year Built/Renovated
1980/2020
Price
$2,500,000
Price Per SF
$557.17
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,008 SF
Building FAR
0.07
Lot Size
1.48 AC
Zoning
C2 - Zoned C-2 General Contracting
Please contact The Pasco County Zoning Dept. @352-521-5144 for any questions pertaining to usage and/or zoning.
Parking
22 Spaces (5.48 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Fenced Lot
- Pond
- Security System
- Signage
- Waterfront
- Kitchen
- Accent Lighting
- Reception
- Central Heating
- Natural Light
- Reception
- Recessed Lighting
- Wi-Fi
- Hardwood Floors
- Yard
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The entire building, 4,016 sq foot is available to lease.
Space | Size | Space Use | Condition | Available |
1st Floor | 4,016 SF | Office/Retail | Full Build-Out | Now |
1st Floor
Size |
4,016 SF |
Space Use |
Office/Retail |
Condition |
Full Build-Out |
Available |
Now |
PROPERTY TAXES
Parcel Number | 25-26-18-0000-05400-0020 | Improvements Assessment | $346,319 |
Land Assessment | $918,434 | Total Assessment | $1,264,753 |