Multi-Tenant Office
For Sale
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3709 W JETTON AVE, Tampa, FL 33629
Multi-tenant office building totaling 18,112 SF with 5 tenants, offered for sale in South Tampa.
Property Size18,112 SF
Price / SF$400.29
Days on Market150
Property Features for 3709 W JETTON AVE
General Information
Standard status
Active
Size
18,112 SF
Class
A
Total Parking Spaces
62
Property subtype
Office
Zoning
RO-1 (Residential Office)
Occupancy
98%
Lease Type
Modified Gross
Net Operating Income
$385,426
Building Details
Year Built
1974
Stories
2
Units
62
Tenancy
Multi
Listing Agency:
Franklin Street Tampa
Listed By:
Anthony Suarez · License #FL 3390004
(813) 951-7796
Source:
Crexi
Added: May 11
Changed: Oct 1
Last Checked: Oct 5 at 7:16PM
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
This multi-tenant office building offers a total of 18,112 SF and is currently configured for 5 tenants. It presents an ownership opportunity for those seeking an office asset with multiple existing occupants.
Located at 3709 W Jetton Ave in Tampa, the property is identified as being in South Tampa. The listing is offered for sale, with the asking price provided as $7,244,800.
Located at 3709 W Jetton Ave in Tampa, the property is identified as being in South Tampa. The listing is offered for sale, with the asking price provided as $7,244,800.
Key Highlights
- Multi‑tenant office building totaling 18,112 SF in South Tampa
- 5 tenants
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$246,142
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,922,840
$4.9M
Cap Rate 7%
$3,516,314
$3.5M
Cap Rate 9%
$2,734,911
$2.7M
Market Conditions
NOI Build-Up for 18,112 SF
Gross rent
$434.7K $24.00/SF
− Vacancy
−$106.5K −$5.88/SF
EGI
$328.2K $18.12/SF
− OpEx
−$82.0K −$4.53/SF
NOI
$246.1K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,922,840
Cap Rate 7%
$3,516,314
Cap Rate 9%
$2,734,911
Alternative Uses
Best Use
Office B
$3.52M
$3.08M – $4.10M
NOI $246,142 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.22M
$3.69M – $4.92M
NOI $295,370 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 33629, FL
26,394
Population
11,237
Households
2.3
Avg Household Size
41
Median Age
77%
College-Educated
98%
High-School Grad
4.8 sq mi
ZIP Area
5,499
Density / Sq Mi
$158,337
Median Household Income
$88,821
Median Earnings
$1,758
Median Rent
$764,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building totaling 18,112 SF with 5 tenants, offered for sale in South Tampa.
Where is this office building located?
The property is located at 3709 W JETTON AVE Tampa, FL.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Multi‑tenant office building totaling 18,112 SF in South Tampa; 5 tenants; Built in 1974
