Property Description
Bay Lake Center is a two story, +17,695 SF, office building with eleven tenants, located in Carrollwood, FL. Bay Lake Center is situated on North Dale Mabry Highway, the primary retail corridor in the Tampa MSA. Ten of the eleven tenants have base year stop expense recoveries in place, allowing a new investor to pass through a majority of expense increases that may occur, including a real estate tax reassessment due to a sale. This stretch of North Dale Mabry Highway in the Carrollwood area is considered a suburban office corridor that is known for low historic vacancies and a high barrier to entry for investors looking for acquisition opportunities. At this location, North Dale Mabry Highway has an average of 60,000 vehicles per day and a population of 95,769 within a three mile radius. Bay Lake Center offers an investor the opportunity to acquire a fully occupied property with stable cash flow. This asset also has the potential for an owner/user to relocate tenants to occupy space themselves while receiving additional income from the other tenants.
Features
Cooling System:
Central Air
Address Map
Country:
US
State:
FL
County:
Hillsborough
City:
Tampa
Subdivision:
BAY LAKE SUB
Zipcode:
33618
Street:
DALE MABRY
Street Number:
13907
Street Suffix:
HIGHWAY
Longitude:
W83° 29' 38.4''
Latitude:
N28° 4' 24.6''
Directions:
Property is located on east side of N. Dale Mabry just south of Handy Rd. across the street from Newsome Eye center. Recently painted exterior and common areas.
Mls Area Major:
33618 - Tampa / Carrollwood / Lake Carroll
Street Dir Prefix:
N
Zoning:
BPO
Additional Information
Lot Size Dimensions:
175x200
Virtual Tour:
https://www.propertypanorama.com/instaview/stellar/T3450759
Stories Total:
2
On Market Date:
2023-06-06
Foundation Details:
Slab, Block
Construction Materials:
Stucco
Building Size:
17695
Financial
Tax Annual Amount:
23233.63
Listing Information
List Agent Mls Id:
283550940
List Office Mls Id:
261560583
Listing Term:
Cash,Conventional
Mls Status:
Expired
Modification Timestamp:
2024-01-01T05:31:13Z
Originating System Name:
Stellar
Special Listing Conditions:
None
Status Change Timestamp:
2024-01-01T05:30:30Z

Commercial Sale For Sale

13907 N Dale Mabry Highway, Tampa, Florida 33618

17,695 Sqft
$3,400,000
Listing ID #T3450759
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
T3450759
Price :
$3,400,000
Square Footage :
17,695 Sqft
Year Built :
1980
Lot Area :
1.81 Acre
Property Sub Type :
Mixed Use
Contact Agent

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