• Broker Paul Fraleigh 8139275483
CDCL Holdings, LLC

BUSCH PROFESSIONAL CENTER 4809 E Busch Blvd 13,900 SF 100% Leased Office Building Tampa, FL 33617 £1,738,110 (£125.04/SF) 6% Net Initial Yield

View Photo

INVESTMENT HIGHLIGHTS

  • HIGH TRAFFIC MAIN ROAD. GREAT TENANTS, LOW MAINTAINANCE AND MANAGEMENT, SOLID CONSTRUCTION, ROOM TO IMPROVE RENTS

EXECUTIVE SUMMARY

SOLID MASONARY CONSSTRUCTION. NEW ROOF 2001 AND THEN RECOATED 2018 AS PART OF ROUTINE MAINTAINANCE. BUILDING PAINTED 2018.
ALL A/C HAVE BEEN REPLACED OVER THE YEARS. PARKING LOT PATCHED AND COATED/STRIPED EVERY COUPLE/THREE YEARS AS NEEDED.
EXCELLENT VACANCY RATE HISTORY. MINIMAL VACANCIES. GOOD LONG TERM SOLID TENANTS.
MEDICAL, FINANCIAL, HOME HEALTH CARE, SALON, MASSAGE ETC, BONUS LARGE EXTRA PARKING OUT BACK. POSSIBLE SPACE ADDITION.
PRICE BELOW RECENT CERTIFIED APPRIASED VALUE. SELLER RETIRING. REDUCING WORKLOAD.

ATTACHMENTS

4809 E Busch Blvd appriasal
P&L UNAUDITED 2024 BUSCH PROFESSIONAL CENTER

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
13,900 SF
Building Class
B
Year Built
1985
Price
£1,738,110
Price Per SF
£125.04
Net Initial Yield
6%
NOI
£104,211
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,550 SF
Slab to Slab
12 ft
Building FAR
0.32
Lot Size
1.01 AC
Zoning
RS60 - RS-60 zoning designates areas for low-density, single-family detached dwellings with a minimum lot size requirement of 6,000 square feet, & each lot.
Parking
49 Spaces (4 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (80)

PROPERTY TAXES

Parcel Number A-21-28-19-43U-000000-00038.C Improvements Assessment £328,986
Land Assessment £461,476 Total Assessment £790,462

MAP

ADDITIONAL PHOTOS

View Photo Dec 2018 new LED flood light - Copy
View Photo new paint rear 2018
View Photo busch front june 7 2015
View Photo walkway new paint 2018
View Photo Plat Map
View Photo Building Photo

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.