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
: Central Air
Address Map
US
Florida
Hillsborough
TAMPA
33618
DALE MABRY
13907
HIGHWAY
33618
0
W83° 29' 38.4''
N28° 4' 24.6''
N
MLS Addon
US REALTY HUB LLC
Sean O'Cuinneagain
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.
: Highway, City Street
MFR283550940
MFR261560583
175x200
Active
02/11/2023 18:11:10
BAY LAKE SUB
: Stucco
: Slab, Block
U-04-28-18-0UP-000000-00005.0
$23,234
2022
BPO
$0
Commercial Sale For Sale
13907 DALE MABRY HIGHWAY, TAMPA, Florida 33618
0 Bedrooms
0 Bathrooms
17,695 Sqft
$3,400,000
Listing ID #MFRT3450759
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MFRT3450759
Price : $3,400,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 17,695 Sqft
Year Built : 1980
Lot Area : 7,308 Sqft
Status : Active
Days On Market : 145
Property Sub Type : Mixed Use
Agent info
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