10011 WATER WORKS LANE, Riverview, FL 33578

  • $5,750,000
10011 WATER WORKS LANE, Riverview, FL 33578
Active
10011 WATER WORKS LANE, Riverview, FL 33578
10011 WATER WORKS LANE, Riverview, FL 33578
  • $5,750,000

Overview

Property ID: HZT3507905
  • Office, Commercial Sale
  • Property Type
  • 18000
  • Square Feet
  • 2006
  • Year Built

Description

Introducing an Exceptional Investment Opportunity: The Boardwalk of Riverview Commercial Office Park. This is a rare chance to acquire a premier investment property with a 6.5% CAP rate. The Boardwalk of Riverview consists of four standalone buildings, each featuring four units, for a total rentable area of 18,000 sq. ft. Situated on 2.7 acres, the property includes 106 parking spaces and a total square footage of 20,182 sq. ft., which encompasses walkways and overhangs.

This property exemplifies pride of ownership, maintained in impeccable condition. Notable features include:

* Elegant stone accents on the building exteriors
* Interior units with new wide plank flooring, along with carpet and tile options, and high ceilings
* Sixteen new hot water heaters installed this year
* All HVAC units replaced within the last two years
* Roofs that are only five years old
* Recent painting of both exteriors and interiors
* Driveway resurfaced and striped within the last two years
* Currently 100% occupied with a waiting list

Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap-accessible bathroom and a pleasant breakroom. The property welcomes visitors with an inviting, tree-lined driveway that leads past two retention ponds and features a common picnic area.

Ideally located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I-75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview.

This opportunity is perfect for investors seeking long-term success in a highly desirable location.

  • Address 10011 WATER WORKS LANE
  • City RIVERVIEW
  • State/county FL
  • Zip/Postal Code 33578
  • Area UNPLATTED
  • Country US

Details

Updated on October 22, 2024 at 2:46 pm
  • Property ID: HZT3507905
  • Price: $5,750,000
  • Property Size: 18000 Square Feet
  • Land Area: 2.7 Acres
  • Garage Size: x x
  • Year Built: 2006
  • Property Type: Office, Commercial Sale
  • Property Status: Active

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