18311 Us-41 Lutz, FL 33549

Property Details for 18311 Us-41

Year built

2009

Lot size

0.73 lot acres

Property size

7,540 SF

Property type

Office Properties & Spaces

Description

This exceptional Class A, 7,540 square foot executive office building presents a compelling value-add investment opportunity in Lutz, Florida. Built in 2009 on a 0.73-acre lot, this single-story property boasts a modern design with grey wood tile flooring throughout. Currently operating as a multi-tenant co-working space with 10% occupancy, the building offers 15 existing office spaces, a conference room, a full kitchen, and ample common areas. Significant upside potential exists with room to add up to 15 additional office spaces, increasing both capacity and revenue generation. The property is fully furnished, providing a turnkey solution for immediate operation. With a current pro-forma NOI of $300,000 and a pro-forma cap rate of 12.5%, this presents a strong return on investment. The building features 29 parking spaces and is zoned for commercial use, offering convenient access and ample outdoor space. Located in Hillsborough County, the property enjoys easy access to major highways and local amenities. The asking price is $2,400,000 ($318.30/SF), and seller financing may be available. This is a rare opportunity to acquire a well-located, income-producing asset with substantial growth potential in a thriving Florida market. The gross lease structure simplifies management, and the fee simple ownership provides complete control.