1031 Investment Opportunity

Office for Sale
Catylist Listing ID: 30632372
Property Subtypes: Office Building
Building Size (RSF): 6,416 SF
Gross Building Area: See Agent
Sale Price: $4,399,000
Unit Price: $685.63 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Undisclosed
Last Updated: 7/24/2020

Overview / Comments

American Property Group of Sarasota, Inc is proud to present, 5140 E Fowler Ave, Tampa, FL 33617:

Type: Office Building

Building Size: 6,416 SF

Lot Size: 1.37 AC

Location: Great exposure on E Fowler Avenue. Nearby and minutes from University South Florida (USF) & Museum of Science and Industry(MOSI), Yuengling Brewery, 2x Hospitals, Adventure Island, Bush Gardens Tampa Bay, and University Mall.

• Long established bank tenant

• Price is negotiable

• Many options to renew

• Over $130,000,000 in deposits

• Original Lease signed in 2009

• 4 Year remaining on current lease, rent expiration date 2024

• 4, 5 Year options to renew

• Lease type is NNN

• Pilot Bank lease guarantor

• Fee Simple Ownership

• Increases are CPI or 3% annually

Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941)923-0535 at your convenience.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 192810ZZZ000005567700A
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,600 131,465 247,087
Median Age: 28.64 31.08 34.04
Households: 7,772 52,428 98,259

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