This Investment opportunity features a professional office building with an existing tenant, Educational Symposium. There are over 8 years left on this lease and contains 2.00% annual rent increases. There are zero landlord responsibilities. Built by the tenant, this building is mission critical to their business so the tenant is likely to stay for the long haul. there are Two, five year options to renew on lease. Education Symposium, the tenant, provides continuing education classes and training for medical professionals.


Property Type: Office Bldg
Property Use: Net Leased Property
Year Built: 2005
Level Number: 1
Average Floor Size: 12,196
Tax Year: 2015
Cap Rate Percentage: 8.25
Listing ID: RQHT82
Style: Office Bldg -Medical
Building Size: 12,196 SF
Taxes: $22,975
Area Description

Area Description: This property is located just off of the Veteran' s Expressway and Sligh Avenue directly North of the Tampa International Airport and surrounded by other medical and office space. Tampa remains a great place for Net Lease investors as Job growth has continued steadily and there is a solid presence of solid demographics. Tampa also sees a lot of tourism throughout the year and is home to multiple large sports teams including Tampa Bay Buccaneers, Tampa Bay Rays and the New York Yankees for spring Training.

Region: Florida

Region: Northwest Tampa

Region: SOUTH EAST U.S.

Property Features
Parking Ratio: 3.85
Parking Places: 47
Docks: 1
Lot Size: 1/2 - 1 Acre
Lot Description: Access Type - Road
Age: 11-20 Years Old
Financials
Gross Income: $200,216
Additional Media