Listed by SURMOUNT
$8,156,345
BioSpine Surgery Center
Details
Property Type Office
Sub Type Medical Office
Square Footage 9,006
Cap Rate 5.50%
NOI $448,599
Occupancy 100%
Tenancy Single
Brand/Tenant BioSpine
Lease Type NNN
Lease Term 15
Lease Expiration 01/10/2039
Remaining Term 12.5
Rent Bumps Yes
Lease Options 2, 5-Year Options
Year Built 2014
Acreage 0.330
Tenant Credit Corporate Guarantee
Lease Commencement 01/20/2024
Ownership Fee Simple
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a BioSpine located at 5301 Avion Park Drive, Tampa, FL 33607. The site consists of roughly 9,006 rentable square feet of building space on an estimated .33-acre parcel of land. BioSpine is subject to a 15-year Triple Net (NNN) lease, which commenced 1/10/2024. The current annual rent is $448,599 and has scheduled increases of 3.00% Annually.
Investment highlights
- 12+ Years of Lease Term Remaining | Approximately 12 years remain on the initial NNN lease, providing long-term income stability.
- Annual Rent Growth | Built-in 3.00% annual rent increases provide consistent NOI growth throughout the lease term.
- Triple Net Lease Structure | Triple Net lease minimizes landlord responsibilities and provides passive ownership.
- Medical Office Investment | Occupied by an established medical user in Tampa's premier Westshore business district.
- Premier Westshore Location | Located in Tampa's Westshore submarket near Tampa International Airport and major employers.
- Exceptional Accessibility | Immediate access to N Obrien Street, W Spruce Street, and surrounding interstate connections.
- Surrounded by National Retail | Minutes from International Plaza, Walter's Crossing, Walmart, Target, and Home Depot.
- Hospitality & Business Hub | Adjacent to Hilton, Hyatt, Hampton Inn, Homewood Suites, and major office campuses.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$448,599.00
$37,383.25/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
PD PlannedPlanned Development
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View all 2 uses
View all 2 uses Last updated Apr 17, 2026 For deeper zoning details, reports are available at Zoneomics
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