Brandon, FL 33511,1136-1138 NIKKI VIEW DR
Brandon, FL 33511,1136-1138 NIKKI VIEW DR
Brandon, FL 33511,1136-1138 NIKKI VIEW DR
Brandon, FL 33511,1136-1138 NIKKI VIEW DR
Brandon, FL 33511,1136-1138 NIKKI VIEW DR
Brandon, FL 33511,1136-1138 NIKKI VIEW DR
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$625,000

$640,000

2.3%
Est.Price: ?

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Est. payment /mo

2,500 SqFt


SOLD DATE : 09/07/2021

Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $250

Subdivision South Tampa Sub

MLS Listing ID U8134156

Sold Date 09/07/21

Condo Fees $4,200

Construction Status No Contingency

HOA Y/N No

Year Built 2007

Annual Tax Amount $7,463

Lot Size 2,613 Sqft

Acres 0.06

Property Description

A rare opportunity to purchase a 2,500 SF Waterford Construction medical office building in the 35 unit Lake Brandon Professional Park. Owners rarely sell in this park, with only two sales since 2019. Purchase as an investment or occupy Suite 1136 when the family doctor’s lease expires at the end of June 2022 and benefit from the rental income provided by Suite 1138. The tenant lease for 1138 Nikki View expires in February 2023, with two one-year renewal options. Suite 1138 is standard office but has plumbing stubbed within the walls for medical use. Suite 1136 has six office / exam rooms (2 currently have sinks), a waiting / reception area, break room (plumbing available for a sink), and one "accessible" restroom. Rent currently averages $22/SF modified gross among the two units.

First come first serve parking is available in front and behind the building. One HVAC unit was replaced in 2018 and both suites received new paint, vinyl plank flooring and carpet within the last 18 months. This office park consistently sees low vacancy rates and is currently 1.2% vacant as of 8.17.21 (Source: CoStar). HART line bus stop only a 5 minute walk / 0.2 miles north. Just south of Causeway Boulevard. Selmon Expressway less than a mile north. I-75 less than 2.5 miles to the northwest. Brandon Regional Hospital is located 3.4 miles northeast and is a 438-bed acute care facility offering a number of services.

Location

State FL

County Hillsborough

Community South Tampa Sub

Zoning PD

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Exterior

Community Features Sidewalks

Utilities Available Electricity Available, Phone Available, Public, Water Connected

Roof Type Tile

Building

Lot Description Interior Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status No Contingency

Others

Ownership Corporation

Monthly Total Fees $350

Special Listing Condition None

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Stellar MLS
Listed by BRIDGEWATER COMMERCIAL RE
Bought with DOYLE & MCGRATH REAL ESTATE LL
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