Leased Premium Office Unit in Channelside Tampa
$548,500
1120 East Kennedy Boulevard, Tampa, FL 33602
34,564
NOI
1,904 sqft
Building Size
Details:
Description:
Investment Opportunity - Grand Central at Kennedy - Downtown Tampa
Seller Financing Available
Unit 230 offers a rare opportunity to own an income-producing corner office condo, 1 of only 4 corner units in the entire complex. Its premium positioning provides exceptional visibility and an elevated tenant experience. The unit is wrapped with tall windows spanning 2 full exterior walls, allowing abundant natural light and creating an open, modern workspace. The current tenant, NETSCo, has renewed a 5-year lease, providing stable cash flow and long-term security.
Located on the 2nd floor of the West building, the 1,904 SF unit features a functional layout including five offices, reception area, kitchenette, conference room, and large open office area. It is conveniently next to the elevators and stairwell and has multiple signage locations. Positioned directly above Crunch fitness and overlooking E Kennedy Blvd, the location benefits from both foot traffic and vehicle exposure.
Grand Central at Kennedy, built in 2007, consists of twin towers in Tampa’s Channelside/Downtown district (East and West). This highly desirable mixed-use community combines residential, retail, and office space with garage parking and upscale amenities, all within view of the city skyline and waterfront. Located on E Kennedy Blvd (SR 60), the property benefits from prime visibility & convenient access to Downtown, Westshore, Ybor City, and major highways.
This is a low-maintenance investment with immediate income, long-term stability, and an ideal location for investors seeking secure returns in Tampa’s thriving urban core.
Tenant Profile – NETSCo
NETSCo is a leading marine engineering and naval architecture firm providing vessel design, retrofits, and environmental compliance services. Learn more at www.netsco.us
This expansive mixed-use property consists of 392 upscale residential units, 70,000 SF of second floor office space, and 109,000 SF of ground floor retail space across the two towers (East and West). Office tenants benefit from all on-site amenities, including the parking garage and ground floor dining.
The Office Condo units are governed by the Grand Central at Kennedy Offices Condominium Association, Inc. Monthly Association dues cover building insurance, utilities, and common area maintenance and repair. No other area property has flexible leasing, which enables owners to lease their units with no cap on the number of leases in the building.
Office Condo units are limited to light commercial use, primarily for providing services rather than selling merchandise. Office and professional uses are permitted.
Turnkey, income-generating asset with immediate cash flow
Seller Financing Available
Long-term lease secured with a strong, reputable tenant
1 of only 4 corner office units - large windows provide natural light
Premier Class A office building in Downtown Tampa’s vibrant Channelside District
On-site concierge service and covered garage parking
Located within a thriving Live-Work-Play community
Documents:
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| Sale OM - Unit 230 Grand Central at Kennedy - Tampa Office Condo_Nov25 |
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