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Income-Producing Commercial Office Building

104 E FOWLER AVENUE Tampa, FL 33612

104 E FOWLER AVENUE, Tampa, FL, 33612
$1,500,000
For Sale
Claim this Listing
$1,500,000

Turnkey investment opportunity with immediate cash flow from established leases.

Property Size7,160 SF
Price / SF$209.50
AddedApr 10
Days on Market97
Last RefreshJul 13 at 3:54 am

Property Features for 104 E FOWLER AVENUE

General Information

Standard status
Active
Size
7,160 SF
Property subtype
Commercial

Building Details

Year Built
1978

Listing office THE WILKINS WAY LLC

Listing date Apr 10, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of THE WILKINS WAY LLC


Investment Insights

Based on property information with market context.

This income-producing commercial office building is located on busy E Fowler Ave and offers a turnkey investment opportunity with tenants in place. The property provides immediate cash flow from 11 established leases. It benefits from strong traffic exposure and convenient access to major highways. The location also offers proximity to surrounding businesses and amenities. The property has a size of 7160 square feet. This asset offers both stability and future growth potential.

Key Highlights

  • Income‑producing commercial office building with tenants in place, offering immediate cash flow.
  • Turnkey investment opportunity with 11 established leases.
  • Located on busy E Fowler Ave with strong traffic exposure.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $154.7k $21.60
− Vacancy −$37.9k −$5.29
EGI $116.8k $16.31
− OpEx −$29.2k −$4.08
NOI $87.6k $12.23
7,160 SF · lease $21.60/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,574 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M (±1% cap)
NOI $114,170 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Mob Stop LLC Clothing Store Computer Guy Computer & Electronic Repair TMG Service Inc Professional Services Clear Bargain Multi ... Tax Preparation JLM Records Recording Studio

Suggested Use

Real Estate Agency Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Bakery Electrical Service Law Firm Pharmacy Carpet & Flooring Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Turnkey investment opportunity with immediate cash flow from established leases.
Where is this office building located?
The property is located at 104 E FOWLER AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Income‑producing commercial office building with tenants in place, offering immediate cash flow.; Turnkey investment opportunity with 11 established leases.; Located on busy E Fowler Ave with strong traffic exposure.
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