Bridgewater Commercial Real Estate is proud to offer for sale to an owner/user or investor the pristine Westchase area office building at 6911 Pistol Range Road in Tampa. The building encompasses approximately 13,752 square feet and includes 3 leased, income producing tenant suites totaling ± 5,225 SF plus a 1 ½ story office suite of ± 8,527 SF, currently operated as CitySpace executive office suites and co-work office space. The building is 80% leased as of June 25th, which includes the executive offices (4,769 SF of common area in the CitySpace is not counted in the 80% and would otherwise be rentable to a single tenant as additional workspace). The owners have operated their real estate firm along with CitySpace in the building’s east side since 2016. This is a rare turnkey opportunity for an existing executive office/coworking business to expand into an exquisitely designed modern industrial office with built in clientele and infrastructure. All Executive Office leases expire on or before December 31st, 2022 and could be renewed, or allowed to expire for an owner/user to occupy the space. A Matterport 3D virtual tour of the property is provided within the OM.
From the moment you enter the impressive CitySpace lobby with its 22’ ceiling, you will appreciate how the lighting, furniture, artwork and architectural elements combine to create a stunning modern industrial design. The two entrance lobbies and private kitchen provide a buyer the flexibility to use all or a portion of this incredible office space for their business and scale up or down as needed. Furnishings, artwork and equipment are available, offering a unique turnkey office and/or business opportunity. This showpiece office space is perfect for a variety of professional firms including architectural, law, technology, engineering, design and more.
Optimally located in the Westchase gateway market between Tampa and Pinellas County, the office is a quick 15-minute drive to TIA and less than 30-minutes to downtown Tampa. The popular bedroom community of Trinity in Pasco County is an easy 30-minute drive via East Lake Road and the world-renowned white sands of Clearwater Beach are just 18 miles away.
The office has two ingress/egress points from Hillsborough Avenue and is adjacent to many daily needs and lifestyle retailers across Pistol Range Road including Target, PetSmart, ABC Liquors, Orange Theory, Starbucks, Supercuts, and Planet Smoothie. Restaurants within walking distance include Zaxby’s, Earl of Sandwich and T.G.I. Friday’s. Esporta Fitness, Cody’s Roadhouse and Westshore Pizza are just a half mile away on Hillsborough Avenue.
3 leased tenant suites on building’s west side
2 of 3 tenant suites extensively plumbed for medical use
4th suite of ±8,527 SF in 1.5 stories, operating as executive offices and co-work office space
Continue exec office operation or use all/portion of the ± 8,527 SF for your business
Large pylon sign with six tenant signage slots
2022 Expected Gross Rental Income from 3 tenant suites: $111,700
Potential Rental Income with current executive office/co-work pricing: $365,700
Exposed ductwork, steel structural beams, wood beams
Interior glass walls/doors, sidelights, and plentiful windows
Wiginton fire sprinkler system throughout the building
Security system and cameras throughout
Courtesy of BRIDGEWATER COMMERCIAL RE
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Data last updated 8/7/22, 3:56 PM UTC