Leased Medical Office End
For Sale
Contact for pricing
10960 Sheldon Road, Tampa, FL 33626
Leased end unit medical office in Chase Professional Park with pylon and on-building signage and ample parking.
Property Size4,960 SF
Lot Size0.12 Acres
Price / SF$302.40
Days on Market320
Property Features for 10960 Sheldon Road
General Information
Standard status
Active
Size
4,960 SF
Lot size
0.12 Acres
Property subtype
OFFICE
Zoning
PD/Planned Development
Occupancy
100%
Site & Location
Traffic Count
30,000 vehicles/day
Utilities to Site
Yes
Additional Details
Cap Rate
5.5%
Office Units
2
Building Details
Year Built
2005
Construction
concrete block
Tenancy
Multi
Listing Agency:
William D. Besselieu
(813) 263-5854
Listed By:
William D Besselieu
(813) 263-5854
Source:
Moodyscre
Added: Sep 15, 2025
Changed: Jul 26
Last Checked: Jul 26 at 12:18PM
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 William D. Besselieu
Investment Insights
Based on property information with market context.
Fully leased medical office building in Chase Professional Park, constructed of concrete block in 2005. The end unit is configured as two approximately equal units, with the west half featuring a more open floor plan and the eastern half offering a medical buildout with a circular layout.
The property is positioned at the entrance of Westchase on Sheldon Road and has pylon signage plus additional on-building signage. Chase Professional Park includes two driveway entrances with northbound turn access, and the site provides ample parking. Traffic counts are listed at 30,000+ AADT.
The roof was replaced in 2022, supporting ongoing maintenance needs. Utilities are described as water/sewer through Hillsborough County and electric via Tampa Electric. The property is in unincorporated Hillsborough County and is designated PD/Planned Development zoning. Not located in an Opportunity Zone.
The property is positioned at the entrance of Westchase on Sheldon Road and has pylon signage plus additional on-building signage. Chase Professional Park includes two driveway entrances with northbound turn access, and the site provides ample parking. Traffic counts are listed at 30,000+ AADT.
The roof was replaced in 2022, supporting ongoing maintenance needs. Utilities are described as water/sewer through Hillsborough County and electric via Tampa Electric. The property is in unincorporated Hillsborough County and is designated PD/Planned Development zoning. Not located in an Opportunity Zone.
Key Highlights
- Fully leased 4,960 SF medical office building (end unit) in Chase Professional Park on Sheldon Rd.
- 5.5% cap rate; property is constructed of concrete block and built in 2005.
- Two equal +/- sized units with west 1/2 having a more open floor plan and eastern 1/2 featuring a medical buildout.
Financial Insights For Healthcare Medical
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 | $130.9k | $26.40 |
| − Vacancy | −$10.5k | −$2.11 |
| EGI | $120.5k | $24.29 |
| − OpEx | −$48.2k | −$9.72 |
| NOI | $72.3k | $14.57 |
4,960 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.03M
$903.5K – $1.20M
NOI $72,281 @ 7.0% cap · market cap 4.82%
Second Best
Office B
$962.9K
$842.6K – $1.12M
NOI $67,406 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,888 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
30,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33626, FL
31,875
Population
12,392
Households
2.6
Avg Household Size
39
Median Age
64%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,591
Density / Sq Mi
$123,580
Median Household Income
$72,888
Median Earnings
$2,127
Median Rent
$506,600
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Leased end unit medical office in Chase Professional Park with pylon and on-building signage and ample parking.
Where is this medical office space located?
The property is located at 10960 Sheldon Road Tampa, FL.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Fully leased 4,960 SF medical office building (end unit) in Chase Professional Park on Sheldon Rd.; 5.5% cap rate; property is constructed of concrete block and built in 2005.; Two equal +/- sized units with west 1/2 having a more open floor plan and eastern 1/2 featuring a medical buildout.
