10841 Park Drive
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.
Features and Additional Information
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Presented By Janice Ziesig
33569 - Riverview | Hillsborough County |
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