Medical/Professional Office Building for Sale

• Building Size: 4,960 SF
• Year Built: 2005
• Construction: Concrete Block
• Land Size: 0.12 Acre
• Traffic Counts: 30,000+ AADT
• Parking: Ample
• Zoning: PD/Planned Development
• Other Potential Uses: Medical, Attorney, CPA, etc.
• Folio Number: 004018-0180
• Location: Unincorporated Hillsborough County
• Signage: Pylon sign and on building.
• Utilities: Water/Sewer - Hillsborough County ~ Electric: Tampa Electric
• Roof Replacement: 2022
• Taxes (2024): $16,169
• Opportunity Zone: Not located in an OZ.

Overview:

Welcome to this exceptional opportunity to acquire a two-sided medical office building located at the entrance of Westchase featuring over 9,000 households. This property is located in the Chase Professional Park on Sheldon Road. This property is a great opportunity for an buyer looking for a medical building in an excellent location with good visibility. The Chase Professional Park features two driveway entrances with northbound turn access, 14 total buildings, excellent parking and signage. Chase Professional Park is connected to the Applebee's and the CVS along a driveway to the south.

The subject building is a desirable end unit located directly on Sheldon road and its 30,000 cars per day (AADT). The building has both a pylon sign along Sheldon Rd as well as building signage for maximum visibility. This offering is a 4,960 sf of concrete block construction and two equal +/- sized units. The roof was replaced in 2022 and the building is in excellent condition having been well maintained. The west ½ features a more open floor plan and the eastern ½ has more of a medical buildout with a circular layout.

One half of the building  has a rapidly approaching lease end of March 2027 and the other ½ of the building is leased until 2029. This building is perfect for a buyer looking to occupy ½ of the building and leasing out the second ½. When the lease renews the owner would have the flexibility of renewing the lease, finding a new tenant or expanding into the other ½ of the building.

Quarterly Owner Association Fees - $2,635