Property Description

Prime Tampa Investment Opportunity - Dual-Building Medical & Retail Portfolio507 E Dr. Martin Luther King Jr. Blvd. | Tampa, FL 33603Asking Price: $1,300,000 | Cap Rate: 7.1 | Total SF: 3,810 SF | Two Buildings | Both Fully LeasedRarely does a stabilized, income-producing asset become available in a location this commanding. Positioned at the high-visibility intersection of I-275 and Dr. Martin Luther King Jr. Boulevard - one of Tampa's most heavily trafficked corridors - this dual-building portfolio offers investors an immediate, turn-key opportunity.This offering includes two freestanding buildings situated on a shared, generously sized parking lot.Building 1 - Medical Clinic | +2,100 SFCompletely remodeled within the past year, this medical-grade facility features a new roof and fully updated interior, offering a modern, upscale environment. Currently leased to a professional medical tenant, this building represents a low-maintenance, high-quality asset for any investment portfolio.Building 2 - Retail | +1,710 SFAn established retail presence with a professional tenant in place, benefiting from exceptional street visibility and the high foot and vehicle traffic this location commands.Location is everything - and this property delivers. Situated at the nexus of I-275 and MLK Blvd., the site enjoys outstanding regional accessibility and exposure to thousands of daily commuters. The presence of a McDonald's immediately adjacent confirms the strength of this trade area and the built-in consumer demand that surrounds it. This is Central Tampa at its most accessible.Immediate cash flow - no lease-up risk

Property Features