Address10011 Water Works Lane, RIVERVIEW, FL, 33578

Price$5,750,000

  • Commercial Sale
  • 18,000 SQ FT
  • Built in 2006

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.

Essential Information

  • MLS® #T3507905
  • Price$5,750,000
  • Bathrooms0.00
  • Square Footage18,000
  • Acres2.70
  • Price/SqFt$319 USD
  • Year Built2006
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address10011 Water Works Lane
  • AreaRiverview
  • SubdivisionUNPLATTED
  • CityRIVERVIEW
  • CountyHillsborough
  • StateFL
  • Zip Code33578

Interior

  • CoolingCentral Air
  • # of Stories1

Exterior

  • FoundationSlab

Additional Information

  • Date ListedMarch 5th, 2024
  • Days on Market59
  • ZoningPD

Listing Details

  • OfficeAKA COMMERCIAL REALTY
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