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UNDER CONTRACT | Government Leased Medical Office Investment | Tampa, Florida | 6% Cap Rate

9208-9210 King Palm Drive
Tampa, FL 33619
PRICE : $16,680,000
CAP RATE: 6%
PROPERTY TYPE: Office
BUILDING SIZE: 44,090 SF

Description

UNDER CONTRACT | Opportunity to acquire a fully-leased, 44,090 SF, three-tenant property anchored by the U.S. Department of Defense. The single-story building, renovated in 2018 and 2021, is well located in Tampa, Florida convenient to the MacDill Air Force Base, the Tampa General Hospital and the Tampa International Airport. As an illustration of the federal government’s commitment to the property, the Department of Defense and GSA invested over $6.8 million in this U.S. Air Force medical facility which was completed in 2019. Over 90% of the income is fully guaranteed by the U.S. government.

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