For Sale
$560,000

10616 Main StThonotosassa, FL 33592

Profitable single-tenant medical office in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,455 square foot medical office building, located at 10616 Main Street in Thonotosassa, Florida, presents a compelling investment opportunity. Built in 1994, this single-story, single-tenant property boasts 100% occupancy and a strong net operating income (NOI) of $35,098, yielding a 6.10% cap rate. The asking price is $560,000, translating to $228.11 per square foot. The property is situated on a 0.463-acre lot and is zoned CN. The lease is a triple net (NNN) lease, meaning the tenant, Wellmed Medical Management, is responsible for most operating expenses. Ample parking is available. This stabilized investment is ideally located near major residential developments and only four miles from the University of South Florida, ensuring a strong and growing patient base. The property offers a secure investment with a high occupancy rate and a proven track record of consistent income generation. This is a rare opportunity to acquire a well-maintained, single-tenant medical office building in a thriving Florida community.

Highlights

  • Single-tenant medical office building.
  • Ample parking.
  • Triple-net (NNN) lease.
  • $35,098 NOI.
  • 6.1% cap rate.

Property Details for 10616 Main St

Property type
Office properties, Medical offices
Square Feet
2,455 SF
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
20,168 SF

Location Insight

City
Thonotosassa
County
Hillsborough
State
Florida
Latitude
28.0584269
Longitude
-82.2966302
10616 Main St, Thonotosassa, Florida

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10616 Main St
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