Very attractive Owner/User property with in-place rental income and strong future potential. 22,800 SF total building with approximately 14,000 SF available for occupancy. Tenant 1 (State of Florida – Pasco County Child Support Services) occupies 8,882 SF, generates $182,000/year in gross income, with approximately 3 years remaining on lease and willingness to extend long-term. Tenant 2 (Current Owner) occupies approx. 5,000 SF, produces $103,000/year in gross income, and can vacate or remain based on buyer preference. Detached 1,512 SF house on site is currently occupied and may be used by the owner or leased separately for additional income. Property features a high parking ratio with approximately 133 spaces and potential for outside storage on a large lot. IMPROVEMENTS INCLUDE NEW ROOF (2023), EXTERIOR PAINT (2023), TENANT 1 NEW CARPET AND PAINT (2023). Estimated NOI: $123,827 with Potential NOI: $235,511. Ideal for service-based businesses such as electricians, plumbers, HVAC contractors, or any office user in need of flexible space and abundant parking.

Listing courtesy of LPT REALTY, LLC. 9499032418



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Last checked: 2025-07-08 05:39 PM EDT