10841 Park Drive

RIVERVIEW, FL 33569

About this property

Property tours are available by appointment ONLY. Available for sale is this incredible opportunity to invest in 10841 Park Drive (the Property), a value-add medical office building located in the fast-growing city of Riverview, Florida. 10841 Park Drive consists of a single-story, 6,562 SF office building situated on 0.2 acres. Constructed in 2007, the building has been well maintained and received a new roof in 2018. The Property is currently 86% occupied by three tenants, with an in-place NOI of $73195. The Property is ideally-positioned just off the highly-trafficked US Highway 301, approximately two miles from Interstate 75. In addition, the site is within close proximity to housing, schools, and local amenities. As of 2020, the Propertys demographics have 76,182 individuals residing within a 3-mile radius. In the same year, the total specified consumer spending within a 3-mile radius of the Property accounts for $741,052, and there are 1,604 businesses and 14,626 employees. This offering presents tremendous upside potential through stabilizing and raising rents, filling vacancies, and improving upon management systems for long-term stabilized cashflow.

Date Added
October 7, 2020
Listing Status
Active
Days On Site
57
MLS#
T3269364

Features and Additional Information

Lot Size
8,712 SqFt
Acreage
0.20
Property Type
Commercial
Style
IQWeb_
Sub-Type
Resale
Year
2007
Garage
0
Pool
No
Story(s)
0
Property View
No
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$1,125,000 Active
0 Beds
0
Baths
7,990 SQFT

Presented By Janice Ziesig

Waterford

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Get in touch today! Phone: (321) 460-0665
License #3108808
Brokerage
Waterford
(407) 208-1221
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Area Information

33569 - Riverview | Hillsborough County |

$ 1,125,000
This listing is play_arrow 311.9% higher than the average in the area
$ 273,154 in the area
7,990 SqFt
This listing is play_arrow 179.5% larger than the average in the area
2,859 SqFt in the area
$ 141 $/SqFt
This listing is play_arrow 37.8% more than the average in the area
$ 102 $/SqFt in the area
57 days on site
This listing is play_arrow 40.9% below the average in the area
97 days on site in the area

Schools in the Area

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    Elementary School
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It's free and no obligation

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Janice

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