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
Agent info
Contact Agent
