6920 Dl Mabry Hwy Tampa, FL 33614-3931
This exceptional investment opportunity presents a 21,484-square-foot, single-story medical facility located at 6920 N Dale Mabry Hwy, Tampa, FL 33614. The property, situated on a 2.06-acre lot (APN: U-28-28-18-16E-E00000-00005.4), boasts a strong 6.00% cap rate and a Net Operating Income (NOI) of $601,495. Built in 1986 and extensively renovated in 2024, the building is currently 100% occupied under a triple-net (NNN) lease with a creditworthy tenant, The Performance Lab, for a 10-year term, including three 5-year options. The lease includes a 10% rent increase every five years. The tenant has committed to over $4 million in build-out improvements, further enhancing the property's value. Landlord responsibilities are limited to roof and structure maintenance. The property benefits from a prime location on Tampa's largest retail corridor, North Dale Mabry Highway, experiencing an average daily traffic count of 64,000 vehicles. Its proximity to Interstate 275 (165,000 vehicles daily) ensures excellent accessibility. The surrounding area demonstrates strong demographics, with a 3-mile radius encompassing a population of 108,710 and an average household income of $105,390. The asking price is $10,024,924 ($466.62/sq ft). The property is zoned Commercial General (CG) by the City of Tampa. Significant recent capital improvements include a new roof and HVAC units, along with code upgrades. This presents a stable, high-return investment with minimal landlord responsibilities.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Tampa, FLTampa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.