104 E FOWLER AVENUE Tampa, FL 33612
Turnkey investment opportunity with immediate cash flow from established leases.
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 (407) 874-0230
Listing date Apr 10, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
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 |