Labcorp (BBB+) NN Lease - Tampa Medical

 
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Kenneth Anderson

Sperry Van Ness Commercial Real Estate, LLC,

Office Phone: 813-875-0100

Cell Phone: 813-335-6362

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Published on: Tuesday, February 10, 2015 8:49:16 PM
Updated on: Tuesday, February 10, 2015 8:49:16 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-40967

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 2001

 

Building Size: 2,800 SqFt

Lot Size: 0 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: This attractive 2800SF building is at the entrance to University Cove Professional Park, is currently fully leased and the tenant has been in the property since 2009. The building is modern with ample parking and represents a great investment opportunity. Lease just renewed and nearest LabCorp location 6 miles away. Lease increases yearly at a 1.5% rate

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 7

Commission Split (%): 0

Recent Business Opportunities:

Business Services:
Company Category Service Name Recurring Required Period Cost
Accredited Title Group Title Services Title Services No 12 month(s) $695.00
Recent business services opportunities. View all

 

Complete Details


Year Build: 2001

Building Size: 2,800 SqFt.

No of Stories: 1

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 100%

Full Description


This attractive 2800SF building is at the entrance to University Cove Professional Park, is currently fully leased and the tenant has been in the property since 2009. The building is modern with ample parking and represents a great investment opportunity. Lease just renewed and nearest LabCorp location 6 miles away. Lease increases yearly at a 1.5% rate The location is south of the intersection of Bearss Ave and Bruce B Downs Blvd on the east side. It is close to Florida Hospital Tampa, Moffitt Cancer Center, the VA Hospital and USF campus, with easy access to interstates I-75 and I-275.

Additional Properties


Property Highlights
  • Fully Leased Medical Park
  • Lease Renewed (signed 01/26/2015) for 5 more years
  • 1.5% annual increases
  • Great condition, built in 2001
  • Well located for easy access to downtown and interstates
  • Close to Moffitt Cancer Center, Florida
  • Per LabCorp, one of the best performing sites they have in the area (number 2 of 7)
  • Perfect Investment for nearby Doctors

Attached Documents


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