Versatile Office Building on 5.22
6801 E HILLSBOROUGH AVENUE Tampa, FL 33610
6801 E HILLSBOROUGH AVENUE, Tampa, FL, 33610
$11,500,000
For Sale
$11,500,000
79,728 SF office building near I-4 and I-75.
Property Size79,728 SF
Lot Size5.22 Acres
Price / SF$144.24
Days on Market467
Property Features for 6801 E HILLSBOROUGH AVENUE
General Information
- Standard status
- Active
- Size
- 79,728 SF
- Lot size
- 5.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
SUNCOAST REALTY SOLUTIONS, LLC
(813) 280-4510
Listed by
BRANDI GABBARD · License #3112912
Source
Corcoran
Added: Apr 11, 2025 Updated: Jul 6 at 9:55AM Checked: Jul 21 at 4:54AM
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 SUNCOAST REALTY SOLUTIONS, LLC
Investment Insights
Based on property information with market context.
This 79,728 square-foot office building is located on a 5.22-acre plot near the I4/Orient Road Exit and I75. The property features an East and West Annex three-story office building with a breezeway between wings, plus an additional mailroom/warehouse building. The property is suitable for redevelopment or continued use in its current state. Ample parking is available on site, including secured surface and under-building parking, plus visitor parking.
Key Highlights
- Strategically located on 5.22 acres near I4/Orient Road Exit and I75.
- Substantial 79,728 square foot office building.
- Ideal for redevelopment or continued use.
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 | $1.66M | $20.88 |
| − Vacancy | −$412.9k | −$5.18 |
| EGI | $1.25M | $15.70 |
| − OpEx | −$313.0k | −$3.93 |
| NOI | $938.9k | $11.78 |
79,728 SF · lease $20.88/SF/yr · vacancy 24.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$13.41M
$11.74M – $15.65M
NOI $938,902 @ 7.0% cap · market cap 8.16%
Second Best
Warehouse
$8.89M
$7.78M – $10.37M
NOI $622,484 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$18.39M
$16.09M – $21.45M
NOI $1,287,193 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tampa Bay Area ...
Charitable Organization
Main office Suncoast ...
Credit Union
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 79,728 SF office building near I-4 and I-75.
Where is this office building located?
The property is located at 6801 E HILLSBOROUGH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Strategically located on 5.22 acres near I4/Orient Road Exit and I75.; Substantial 79,728 square foot office building.; Ideal for redevelopment or continued use.
