9385 56th St Ste 100 Temple Terrace, FL 33617-5505

This exceptional 14,395-square-foot retail condo, located at 9385 N 56th St, Temple Terrace, FL 33617, presents a compelling investment opportunity. The property, built in 1960 and extensively renovated in 2022, boasts a 91% occupancy rate with NNN lease structures, minimizing owner involvement. The anchor tenant, Bank of America, occupies the space and is a top performer within the Tampa Bay Metropolitan Area, ranking 6th in deposits. Recent renovations included a new roof, HVAC system upgrades, repaved parking lot, and a complete second-floor remodel featuring new flooring, updated HVAC, fresh paint, a renovated break room, new lighting, and ceiling tiles. The condo association, controlling over 50% of the votes, maintains the building's structure, roof, common areas, parking, landscaping, and janitorial services, with associated fees reimbursed through Additional Rent. This turnkey investment offers a stable income stream and significant upside potential in a prime Hillsborough County location. The property's strong tenant and recent renovations make it an attractive option for discerning investors seeking a low-maintenance, high-return investment.