18940 Dale Mabry Hwy N, Lutz, FL 33548

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Building Details:

• Year Built: 2007

18940 Dale Mabry Hwy N is located in Lutz, FL.

This will NOT last! PRE-AUCTION, FULLY LEASED PROFESSIONAL OFFICE BUILDING. This is one of the last buildings available in this office park.
ALL OFFERED ENCOURAGED AND CONSIDERED!!DRASTICALLY REDUCED BELOW MARKET VALUE!BEST VALUE IN THE AREA, PRICED AT $133/SF with tenant income, both units are leased. Located just around the corner from the New St. Joseph's north Hospital which is drawing medical activity to the area. One 1500sf unit is leased to a medical tenant through 2015 with 5% annual rent escalations, and the second 1500sf unit is leased to an Insurance Agency through 2013 with escalations above 5 percent annually.
Current year 2010 NOI is $23,694.00, and Gross income for this year is $39,900.00. 2011 Annual Gross income jumps to $41,910.00 and 2012 jumps to $44,130.00.

Brand new construction, professional Office Park, located in the prime area of Hillsborough and the Pasco county corridor. On N. Dale Mabry, north of Van Dyke Rd. Located near the Veterans Expressway, and the brand new St. Joseph's North Hospital! Medical plumbing and medical wiring in each office. Upgraded internet and phone prewire. Fully built out with many upgraded features. Perfect for any professional office use or medical office use.

Appt only for showings. call agent.

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- Ed Killmer, agent and Rofo Pro