Bank of America Financial Center 9385 N 56th St 29,552 SF 50% Leased Office Building Temple Terrace, FL 33617 For Sale
INVESTMENT HIGHLIGHTS
- Sale includes the 2nd and 3rd floor of the Building, 12 units, ranging from 600-2300SF, Plus Additional Storage Space.
- Join the Building's anchor tenant, Bank of America, at their Temple Terrace location.
- The building underwent a significant remodel in the summer of 2022. Upgrades include a new roof, replacement HVAC units, and a repaved and re-striped.
- Condo Association controlling majority, over 50% of Votes.
- With decades of service, this branch ranks as the 6th highest in deposits within the Tampa Bay Metropolitan Area.
- The Building Association maintains the building's structure and roof, common areas, parking, lights, landscaping, and janitorial services.
EXECUTIVE SUMMARY
• Sale Includes the 2nd and 3rd floor of the Building, 12 Professional Offices, Ranging From 600-2300SF, Plus Additional Storage Space.
• Condo Association controlling majority, over 50% of Votes.
• Join the Building's anchor tenant, Bank of America, at their Temple Terrace location. With decades of service, this branch ranks as the 6th highest in deposits within the Tampa Bay Metropolitan Area.
• The building underwent a significant remodel in the summer of 2022. Upgrades include a new roof, replacement HVAC units, and a repaved and re-striped parking lot. The entire second floor has been renovated with new porcelain plank-look tile flooring, updated HVAC, fresh paint, a revamped common area break room, new lighting, and ceiling tiles.
• The Building Association maintains the building's structure and roof, common areas, parking, lights, landscaping, and janitorial services. The NNN lease structures simplify management with minimal owner involvement, allowing association fees to be reimbursed through Additional Rent.
• Condo Association controlling majority, over 50% of Votes.
• Join the Building's anchor tenant, Bank of America, at their Temple Terrace location. With decades of service, this branch ranks as the 6th highest in deposits within the Tampa Bay Metropolitan Area.
• The building underwent a significant remodel in the summer of 2022. Upgrades include a new roof, replacement HVAC units, and a repaved and re-striped parking lot. The entire second floor has been renovated with new porcelain plank-look tile flooring, updated HVAC, fresh paint, a revamped common area break room, new lighting, and ceiling tiles.
• The Building Association maintains the building's structure and roof, common areas, parking, lights, landscaping, and janitorial services. The NNN lease structures simplify management with minimal owner involvement, allowing association fees to be reimbursed through Additional Rent.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
29,552 SF
Building Class
B
Year Built/Renovated
1960/2022
Percent Leased
50%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,300 SF
Slab to Slab
12 ft
Building FAR
0.36
Lot Size
1.86 AC
Zoning
Downtown Mixed Use (T.T.) - Downtown Mixed-Use, Temple Terrace
Parking
80 Spaces (2.71 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
1 of 11
Walk Score®
Very Walkable (87)
