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11602 N 51st St
Tampa, FL 33617 Terrace Park

$2,400,000 USD

Office For Sale  •  10,523 SF

Property Details

  • Property Type Office
  • Total Building Size 10,523 SF
  • Lot Size 0.87 AC
  • Building Class C
  • Year Built 1979
  • Cap Rate 7.15 %
  • Tenancy Multiple
  • Zoning RO1
32 Transit Score
86 Walk Score

Highlights

13,523-SF, Two-Tenant Medical/Office Building | Recent Improvements Include: Exterior Painted in 2023, HVAC Replaced in 2020
Building Features Cat 6 Cables Pre-Wired for High-Speed Internet | 100% Occupied by Two Tenants on New Gross Leases Starting at COE
Additional Income From Cell Tower on Property With New Lease | Large, Landscaped and Lighted Parking Lot With 40 Parking Spaces
+/-0.87 Acre Lot With Two Points of Ingress/Egress Onto N 51st St and Access From Both Traffic Directions
Strategically Positioned Near Temple Terrace, a Growing Tampa Suburb Road and Under 10 Minutes From Both I-75 and I-275 Into Downtown Tampa
Adjacent to University of South Florida Campus, a Major Public University With Over 50,000 Students

Property Flyers

Cap Rate: 7.15 %

Major Tenants

Tenant SF Occupied Lease End Date
North Shore Enterprises I, Llc

Amenities

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Kitchen
  • Central Heating
  • Fully Carpeted
  • Reception
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Tampa International 29 min - 18.3 mi
St Pete-Clearwater International 47 min - 27.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap