10616 Main St, Thonotosassa, FL 33592
- Medical Office Space
- 2,480 SF
- 0.46 lot acres
Current Use by Public Records
- WellMed at Stonerock Lake / Medical Clinic
- Katie Rose Griggs, PA / Physician
- Rajnikant C Patel, MD / Physician
- Gedia Lakhabhai MD / Physician
- Dr. Ashokkumar G. Avaiya, MD / Physician
Property Details for 10616 Main St
- Year built
- 1994
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Zone code
- CN
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- U102820ZZZ000002015200
- APU
- U102820ZZZ000002015200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 26, 2016 | — | Tb Professional R & E LLC | Patel & Gedia Medical Assocs P | Warranty Deed | — |
| Oct 28, 2013 | $300,000 | Patel & Gedia Medical Assocs P | Vivek Neil LLC | Warranty Deed | $230k · Bank Of America |
| Nov 30, 2005 | — | Vivek Neil LLC | Patel,mina | Warranty Deed · related | — |
| Aug 4, 2005 | — | Bharti L Gedia | Gedia,lakhabhai | Quit Claim Deed · related | — |
| Jun 6, 2005 | — | Vivek Neil LLC | Patel,mina | Warranty Deed | — |
| — | — | Lakhabhai D Gedia | — | Deed Of Trust · related | $120k · Bank Of America |
| — | — | Vivek Neil LLC | — | Deed Of Trust · related | $215k · Mina S Patel |
Description
This exceptional 2,455 square foot medical office building, located at 10616 Main Street in Thonotosassa, Florida, presents a compelling investment opportunity. Built in 1994, this single-story, single-tenant property boasts 100% occupancy and a strong net operating income (NOI) of $35,098, yielding a 6.10% cap rate. The asking price is $560,000, translating to $228.11 per square foot. The property is situated on a 0.463-acre lot and is zoned CN. The lease is a triple net (NNN) lease, meaning the tenant, Wellmed Medical Management, is responsible for most operating expenses. Ample parking is available. This stabilized investment is ideally located near major residential developments and only four miles from the University of South Florida, ensuring a strong and growing patient base. The property offers a secure investment with a high occupancy rate and a proven track record of consistent income generation. This is a rare opportunity to acquire a well-maintained, single-tenant medical office building in a thriving Florida community.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Thonotosassa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.2968
- Latitude
- 28.0584
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
