Leased Medical Office End
10960 Sheldon Road TAMPA Tampa, FL 33626
10960 Sheldon Road TAMPA, Tampa, FL, 33626
$1,499,900
Fully leased two-suite medical office end unit with 2022 roof replacement and prominent pylon and building signage.
Property Size5,090 SF
Lot Size0.12 Acres
Price / SF$294.68
AddedJun 30
Days on Market16
Last RefreshJul 15 at 2:12 pm
Property Features for 10960 Sheldon Road TAMPA
General Information
- Standard status
- Active
- Size
- 5,090 SF
- Lot size
- 0.12 Acres
Building Details
- Year Built
- 2005
Listing office (904) 569-5862
Listing date Jun 30, 2026
Source Movetojacksonville
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 Richard Petersen
Investment Insights
Based on property information with market context.
This fully leased medical office building was built in 2005 and features concrete block construction. The property includes approximately 4,960 square feet and is configured as two equal-sized units. The western unit offers a more open floor plan, while the eastern unit has a more medical-focused buildout with a circular layout. Both suites benefit from ongoing maintenance, and the roof was replaced in 2022.
The building sits at the entrance of Chase Professional Park, with access described as two driveway entrances and northbound turn access. The park includes 14 total buildings, along with parking and signage. The end unit is positioned directly on Sheldon Road, supported by a pylon sign and additional building signage, with traffic counts reported at 30,000+ AADT.
The property is suited for owners seeking a leased medical office asset with practical versatility, as other professional uses are noted including attorney and CPA. It is zoned PD/Planned Development and includes ample parking, along with utilities provided through Hillsborough County for water and sewer and electricity through Tampa Electric. For additional operating details, buyers are directed to request further financial information through a confidentiality agreement.
The building sits at the entrance of Chase Professional Park, with access described as two driveway entrances and northbound turn access. The park includes 14 total buildings, along with parking and signage. The end unit is positioned directly on Sheldon Road, supported by a pylon sign and additional building signage, with traffic counts reported at 30,000+ AADT.
The property is suited for owners seeking a leased medical office asset with practical versatility, as other professional uses are noted including attorney and CPA. It is zoned PD/Planned Development and includes ample parking, along with utilities provided through Hillsborough County for water and sewer and electricity through Tampa Electric. For additional operating details, buyers are directed to request further financial information through a confidentiality agreement.
Key Highlights
- Fully leased 4,960 SF medical office building (concrete block), built in 2005, with two equal +/- sized units
- End unit on Sheldon Road with 30,000+ AADT and signage including a pylon sign and on‑building signage
- Roof replacement completed in 2022; slab foundation; single‑story building with air conditioning
Local 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 | $134.4k | $26.40 |
| − Vacancy | −$10.8k | −$2.11 |
| EGI | $123.6k | $24.29 |
| − OpEx | −$49.5k | −$9.72 |
| NOI | $74.2k | $14.57 |
5,090 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.06M
$927.2K – $1.24M
NOI $74,176 @ 7.0% cap · market cap 4.95%
Second Best
Office B
$988.2K
$864.7K – $1.15M
NOI $69,173 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,008 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Back To Work Physical ...
Medical Clinic
Iris Otero
Physician
Tampa Fit Club ...
Gym & Fitness Center
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FAQs
What type of property is this?
Medical Office Space - Fully leased two-suite medical office end unit with 2022 roof replacement and prominent pylon and building signage.
Where is this medical office space located?
The property is located at 10960 Sheldon Road TAMPA 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 (concrete block), built in 2005, with two equal +/- sized units; End unit on Sheldon Road with 30,000+ AADT and signage including a pylon sign and on‑building signage; Roof replacement completed in 2022; slab foundation; single‑story building with air conditioning
