Tampa Office Building For
For Sale
Contact for pricing
600 S MAGNOLIA AV, Tampa, FL
Office building with leasing success and growth potential.
Property Size20,330 SF
Lot Size0.43 Acres
Price / SF$300.05
Days on Market251
Property Features for 600 S MAGNOLIA AV
General Information
Standard status
Active
Size
20,330 SF
Lot size
0.43 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Tampa
(813) 871-8515
Listed By:
Paul Carr · License #3123881
(813) 784-2086
Source:
Moodyscre
Added: Nov 27, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:15AM
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 Colliers | Tampa
Investment Insights
Based on property information with market context.
This office building offers an exceptional location with premier connectivity, presenting an attractive opportunity for owner-occupants or hybrid investors. The property demonstrates strong potential for rental growth and has shown leasing success despite broader market trends. The suite sizes are ideal for tenant retention and market appeal. The building contains 20,330 square feet.
Key Highlights
- Exceptional location with premier connectivity
- Strong potential for rental growth
- Demonstrated leasing success despite broader market trends
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 | $487.9k | $24.00 |
| − Vacancy | −$119.5k | −$5.88 |
| EGI | $368.4k | $18.12 |
| − OpEx | −$92.1k | −$4.53 |
| NOI | $276.3k | $13.59 |
20,330 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.95M
$3.45M – $4.60M
NOI $276,285 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.74M
$4.14M – $5.53M
NOI $331,542 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,956
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with leasing success and growth potential.
Where is this office building located?
The property is located at 600 S MAGNOLIA AV Tampa, FL.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Exceptional location with premier connectivity; Strong potential for rental growth; Demonstrated leasing success despite broader market trends
