10011 Water Works Lane, RIVERVIEW, FL

$5,750,000

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18,000

Square feet

2.70

Acres

About 10011 Water Works Lane

Introducing this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.5% CAP rate. The Boardwalk of Riverview commercial office park, available for sale now, consists of 4 stand alone buildings, each housing 4 units. Total rentable sq.ft. is 18,000 sq.ft. The property is on 2.7 acres and offers 106 parking spaces. Total sq.ft. of all 4 buildings is 20,182 sq.ft. (including walkways and overhangs). The pride of ownership shows in the impecible condition the property is in. Building exteriors have nice stone accents on lower walls. Interior units have new wide plank flooring, some with carpet and tile; and high ceilings. All 16 HVAC units are new within the last 2 years. The roofs are only 5 years old. Buildings painted exterior and interiors within the last year. Driveway was resurfaced and stripped less than 2 years ago. 100% occupancy with a waiting list. Each unit has their own seperate electric meter and HVAC with a HC bathroom and nice breakroom. Inviting long tree-lined driveway into the office park, past the 2 retension ponds. Common shared picnic area. This exquisite property boasts an unrivaled location in Riverview, just off Gibsonton Drive, in the thriving business district with an unparalleled convenience and accessibility and visability. Nestled in between I-75 exit and 301 Highway. Excellent connectivity to major highways and just minutes from the new AdventHealth Hospital in Riverview. Perfect for investors seeking long-term success.

Features of 10011 Water Works Lane

MLS® # T3507905
Price $5,750,000
Bathrooms 0.00
Square Footage 18,000
Acres 2.70
Year Built 2006
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 10011 Water Works Lane
Area Riverview
Subdivision UNPLATTED
City RIVERVIEW
County Hillsborough
State FL
Zip Code 33578

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Foundation Slab

Additional Information

Date Listed March 5th, 2024
Days on Market 74
Zoning PD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKari Kurtz
OfficeAKA COMMERCIAL REALTY

Listing Map

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