Multi-Tenant Medical Office
For Sale
Contact for pricing
509 S Armenia Ave, Tampa, FL 33609
Fully leased outpatient facility serving cardiology and cardiovascular physical rehabilitation practices.
Property Size20,000 SF
Days on Market144
Property Features for 509 S Armenia Ave
General Information
Standard status
Active
Size
20,000 SF
Class
Class A
Property subtype
Office
Occupancy
100%
Building Details
Year Built
2004
Year Renovated
2022
Buildings
1
Building Size
20,000 SF
Tenancy
Multi
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:54PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The Armenia Medical Office Building is a 20,000-square-foot outpatient facility with multiple medical office tenants. University of South Florida Health and Tampa General Hospital occupy the property under long-term triple net leases, with specialties including cardiology and cardiovascular physical rehabilitation. The building was constructed in 2004 and underwent extensive renovation work in 2021 and 2022.
Located at 509 S Armenia Ave in Tampa, the property is less than 1.5 miles from Tampa General Hospital. The offering includes the fee simple interest and is available free and clear of debt. Both tenants are credit rated, with University of South Florida Health rated Aa2 by Moody’s and Tampa General Hospital rated A by Fitch.
Located at 509 S Armenia Ave in Tampa, the property is less than 1.5 miles from Tampa General Hospital. The offering includes the fee simple interest and is available free and clear of debt. Both tenants are credit rated, with University of South Florida Health rated Aa2 by Moody’s and Tampa General Hospital rated A by Fitch.
Key Highlights
- 20,000‑square‑foot medical office building
- Fully leased to University of South Florida Health and Tampa General Hospital
- Long‑term triple net leases with two credit‑rated healthcare tenants
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,387
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33609, FL
17,902
Population
9,169
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
4,476
Density / Sq Mi
$105,083
Median Household Income
$66,567
Median Earnings
$1,818
Median Rent
$526,000
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased outpatient facility serving cardiology and cardiovascular physical rehabilitation practices.
Where is this medical office space located?
The property is located at 509 S Armenia Ave Tampa, FL.
What are key features of this property?
This property features: 20,000‑square‑foot medical office building; Fully leased to University of South Florida Health and Tampa General Hospital; Long‑term triple net leases with two credit‑rated healthcare tenants
