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    Office/Warehouse Property with Tenant Income Title is generated by Realmo AI

    5620 W Sligh Ave, Tampa, FL 33634

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    12,246 SF office/warehouse with tenant income and owner-user potential.

    Type:Office
    Property size:
    12,336 SF
    Price / SF:
    $226/SF
    Added:
    Jul 2, 2025
    Days on Market:
    367
    Last Refresh:
    Mar 19 at 9:01 pm

    Property Features for 5620 W Sligh Ave

    General Information

    Standard status
    Active
    Size
    12,336 SF
    Property subtype
    Office

    Building Details

    Year Built
    2005

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    Jill Carbonelli

    Listing office Berkshire Hathaway HomeServices Florida Properties Group

    Listing date Jul 2, 2025

    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 Berkshire Hathaway HomeServices Florida Properties Group

    HighLights

    • Investment opportunity: Long‑term tenant (Suite B) in place through 4/2029, providing immediate income.
    • Suite A (6,304 SF) offers flexibility for owner‑occupants and is available for immediate use.
    • Central location with quick access to the Suncoast Parkway.
    • Ample parking with 43 spaces.
    • High‑quality office finishes, including oversized hurricane‑rated windows.
    • Both suites feature multiple large offices, conference rooms, bathrooms, and breakrooms.

    Overview

    This 12,246± SF office/warehouse property is available for sale or lease, offering flexibility for investors and owner-occupants. Suite A, totaling approximately 6,304 SF, is currently available and ideal for an owner-user, featuring 15 large offices (approximately 14’ x 13’), a large conference room (31’x16’), 2 bathrooms, and an extra-large breakroom. Suite B, comprising 5,942 SF, includes a small warehouse component with an overhead door, approximately 14 large offices, an oversized conference room, 2 bathrooms, and an extra-large breakroom. It is currently occupied by a long-term tenant through April 2029. Both suites feature spacious and separate reception offices and high-quality office finishes, including oversized hurricane-rated windows. The property also offers 43 parking spaces and enjoys a central location with quick access to the Suncoast Parkway.

    Local Financial Insights For Warehouse

    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 $226.5k $18.36
    − Vacancy −$12.5k −$1.01
    EGI $214.0k $17.35
    − OpEx −$32.1k −$2.60
    NOI $181.9k $14.75
    12,336 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.60M
    $2.27M – $3.03M (±1% cap)
    NOI $181,927 @ 7.0% cap · market cap 6.51%
    Second Best
    Office B
    $2.39M
    $2.10M – $2.79M (±1% cap)
    NOI $167,646 @ 7.0% cap · market cap 6.00%
    Theoretical Best
    Office A
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $201,175 @ 7.0% cap · market cap 7.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Educational Symposia Training Center docmedED Training Center Pathology Education Corporate Office FRS PAC Medical Clinic the Florida Radiological Society Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Hair Salon Accounting Firm Spa & Massage Center Skin Care Clinic Dental Office Bar & Pub Parking Lot & Garage Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5394734
    Latitude
    28.0105095

    FAQs

    What type of property is this?
    Office building - 12,246 SF office/warehouse with tenant income and owner-user potential.
    Where is this office building located?
    The property is located at 5620 W Sligh Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: Investment opportunity: Long‑term tenant (Suite B) in place through 4/2029, providing immediate income.; Suite A (6,304 SF) offers flexibility for owner‑occupants and is available for immediate use.; Central location with quick access to the Suncoast Parkway.
    More about this property
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