Two-Unit Office
8344 Forest Oaks Blvd Spring Hill, FL 34606
8344 Forest Oaks Blvd, Spring Hill, FL, 34606
$625,000
For Sale
$625,000
Fully leased two-suite office building with separate electrical meters and security systems in a deed-restricted office park.
Property Size3,000 SF
Price / SF$208.33
Days on Market211
Property Features for 8344 Forest Oaks Blvd
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing agency
Buckner Real Estate, Inc.
(352) 796-4544
Listed by
Charles R Buckner · License #SL3459089
(352) 796-4544
Source
Exprealty
Added: Dec 23, 2025 Updated: Jul 21 at 5:27PM Checked: Jul 22 at 8:10AM
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 Buckner Real Estate, Inc.
Investment Insights
Based on property information with market context.
This two-unit office building totals 3,000 SF and is fully leased. The property is well maintained and features concrete block and stucco construction with a metal roof. It is divided evenly into two 1,500 SF suites, and each suite operates under a modified gross lease structure.
Both suites are separately metered for electricity and equipped with security systems. The building is located within a deed-restricted office park governed by a Property Owners Association (POA), with investment details available in the listing brochure and 3D virtual tours provided for each unit. Additional information is available upon request.
Both suites are separately metered for electricity and equipped with security systems. The building is located within a deed-restricted office park governed by a Property Owners Association (POA), with investment details available in the listing brochure and 3D virtual tours provided for each unit. Additional information is available upon request.
Key Highlights
- 3,000 SF office building that is fully leased and well‑maintained
- Divided into two 1,500 SF units in a deed‑restricted office park
- Each suite has a modified gross lease and is separately metered for electricity
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 | $75.6k | $25.20 |
| − Vacancy | −$16.9k | −$5.64 |
| EGI | $58.7k | $19.56 |
| − OpEx | −$14.7k | −$4.89 |
| NOI | $44.0k | $14.67 |
3,000 SF · lease $25.20/SF/yr · vacancy 22.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$628.6K
$550.0K – $733.3K
NOI $43,999 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$959.2K
$839.3K – $1.12M
NOI $67,141 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully leased two-suite office building with separate electrical meters and security systems in a deed-restricted office park.
Where is this office units located?
The property is located at 8344 Forest Oaks Blvd Spring Hill, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3,000 SF office building that is fully leased and well‑maintained; Divided into two 1,500 SF units in a deed‑restricted office park; Each suite has a modified gross lease and is separately metered for electricity
