5286 Applegate Drive Spring Hill, FL 34606
3,500± SF office building in Applegate Professional Center.
Property Features for 5286 Applegate Drive
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing office Commercial Asset Partners (727) 376-4900
Listing date May 20, 2026
Source Crexi
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 Commercial Asset Partners
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Applegate Professional Center, east of US‑19 and SR‑50, offering excellent accessibility and visibility.
- 3,500± SF professional office building with efficient office flow and circulation design.
- Existing tenant in place through 2/28/2027, providing interim income.
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 | $88.2k | $25.20 |
| − Vacancy | −$19.8k | −$5.64 |
| EGI | $68.4k | $19.56 |
| − OpEx | −$17.1k | −$4.89 |
| NOI | $51.3k | $14.67 |
