Alexander Oaks - Plant City
Office | 7.50% CAP | 39,000 SqFt
Marketing description
Introducing a prime investment opportunity in the bustling Tampa Bay area. This professional office complex is comprised of 7 well-maintained buildings in a serene office campus with prominent visibility along Alexander Street. Currently boasting an impressive 95% occupancy rate, the property is anchored by esteemed tenants including Keller Williams, Hillsborough Title, Acrisure and Bay Area Legal Services. Positioned just 1.8 mi. from downtown Plant City and 2.2 mi. from I-4, this established location offers convenience and accessibility in a thriving commercial environment.
Investment highlights
±39,000 SF of professional office in 7 buildings that is 95% occupied with an average unit size of 1,516 SF
Well maintained, park-like campus with high visibility on South Alexander Street
Anchored by strong national and local tenants such as Keller Williams, Acrisure and Bay Area Legal Services
HQ for Florida Agency Network; the largest independent title operation in Florida & parent company of Hillsborough Title
Conveniently located 2.2 mi. from I-4 and 1 mi. from US 92
GROSS INCOME - $902,621
EXPENSES SUMMARY:
Property Taxes - $111,517
Property Insurance - $37,827
Common Area Maintenance - $100,000
OPERATING EXPENSES - $249,344
NET OPERATING INCOME - $653,277
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