6920 N Dale Mabry Hwy
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6920 N Dale Mabry Hwy
21,484 SF Health Care Building Offered at £7,844,002 at a 6% Net Initial Yield in Tampa, FL 33614
Investment Highlights
- Multi-disciplinary medical tenant - The practice includes five (5) Medical Doctors with focuses in Sports Medicine, Functional Medicine and more.
- Minimal landlord responsibilities - NNN lease where the tenant is responsible for CAM, property taxes, and insurance.
- 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
- Significant recent capital improvements - Tenant will complete a minimum of $4 million in buildout, showing strong dedication to the location.
- Stabilized cash flow - Tenant recently signed a new ten (10) year lease, with three 5-year options.
- Desirable demographics
Executive Summary
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 100,872 and an average household income of $75,214.
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.
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.
Property Facts
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PROPERTY TAXES
| Parcel Number | U-28-28-18-16E-E00000-00005.4 | Improvements Assessment | £1,497,008 |
| Land Assessment | £1,684,813 | Total Assessment | £3,181,821 |
PROPERTY TAXES
Parcel Number
U-28-28-18-16E-E00000-00005.4
Land Assessment
£1,684,813
Improvements Assessment
£1,497,008
Total Assessment
£3,181,821
zoning
| Zoning Code | CG (general commercial) |
| CG (general commercial) |
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Ari Ravi -
Nathan Timmons -
Joe Simpson -
Edward Kemp -
Ripco Real Estate
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6920 N Dale Mabry Hwy
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