Office For Sale • 17,695 SF
| Bay Lake Center is 87.1% occupied by nine office and service tenants |
| Eight of the nine tenants have base year stops providing the owner with protection from expense increases |
| Many of the tenants have relocation clauses in their lease which allows an Owner/User to relocate tenants to occupy space themselves |
| Five of the nine tenants have lease expirations within the next three years with below market rents |
| The asset is located in the Carrollwood Office Corridor, a mature middle to upper income submarket of Tampa with a strong demand for suburban offices |
| The surrounding office submarket has very low vacancy rates and investment opportunities along Dale Mabry rarely become available |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tampa International | 22 min | - | 11.0 mi |
| St Pete-Clearwater International | 42 min | - | 22.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 55 |
| Type: | Surface |
| Included in Rent: | Yes |