1701 9th Ave, Tampa, FL 33605-3801
- Medical Office Space
- 7,840 SF
- 0.23 lot acres
Current Use by Public Records
- DaVita East Tampa Dialysis / Medical Clinic
Property Details for 1701 9th Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Zone code
- YC-1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- A18291950N000070000040
- APU
- A18291950N000070000040
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 12, 2003 | — | Cherokee Associates | Kahana,lawrence | Quit Claim Deed · related | — |
| — | — | Cherokee Associates | — | Loan Modification · related | $510k · Usameribank |
| — | — | Cherokee Associates | — | Deed Of Trust · related | $700k · Usameribank |
| — | — | Cherokee Associates | — | Loan Modification · related | $1M · Valley Nat'l Bk |
Description
This exceptional investment opportunity presents a fee-simple interest in a 7,840-square-foot retail property located at 1701 E 9th Ave, Tampa, FL 33605, within the vibrant Historic Ybor City District. The property is currently leased to DaVita Dialysis, a Fortune 500 company and the largest provider of kidney care services in the US, under an absolute NNN lease. The lease commenced April 8, 2009, and features a 15-year initial term with four five-year extension options, demonstrating DaVita's long-term commitment to this location. The lease is corporately guaranteed by DaVita Healthcare Partners, Inc., providing significant security for investors. The property boasts a strong 5.50% cap rate and a net operating income (NOI) of $199,672. Built in 1950, the property recently underwent over $100,000 in tenant improvements as part of the lease extension. Its strategic location offers convenient access to major roadways including Interstate 275, Interstate 4, and the Selmon Expressway. This is a rare opportunity to acquire a single-tenant, net-leased property with a highly creditworthy tenant in a desirable Tampa location. The asking price is $3,630,409.
Value Estimations
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,740,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4402
- Latitude
- 27.9615
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
