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Carrollwood Office Building

$685,000

5225 Ehrlich Road, Tampa, FL 33624

Active
Last Updated: 04/04/2022

4,188 sqft

Building Size

100

Occupancy

Details:
Building Size:    4,188 sqft
Occupancy:    100%
Year Built:    1985
Tenancy:    Multiple
Floors:    2
Parking Spots:    19
Roof:    Shingle
Highlights:
  • 100 % leased
  • Located in prime area of North Tampa Carrollwood
  • Office Building with 4 separate offices
  • Close to Veterans
Description:

Carrollwood 2 story 4,188 sq ft concrete office building divided into 4 separate offices. First floor has 1050 sq ft 1 bath and 950 sq ft 1 bath suites. The second floor has 2 1000 sq ft 1 bath suites. All units have their own outside entrances. All units pay their own electric. The building is located in a small complex with 3 other office buildings in the heart of Carrollwood near the Veterans Expressway. 100% leased. Great investment. Gross income yearly is $62,556. Expenses are $17,242. Net income is $45,314 annually. Cap rate is 6.6. You own the land the building sits on. The roof is 2007. Exterior paint is 2014. Tenants pay electric, cable and phone. CAM includes water, sewer, garbage, lawn service, parking lot maintenance, lift station and reserve.

Map:
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