Cash flowing commercial property at 101-111 Whitaker Road, Lutz, FL includes two multi-tenant buildings totaling approximately 16,104 SF on 8.1 acres. Both buildings, a billboard, and a portion of the vacant land are leased. The southern portion of the property is approximately 3.62 acres of vacant land. Zoning allows for an additional 61,800 SF of commercial development to be built.
Based on the rent roll, the projected income coming off the property for 2017 is $129,866.16. Net Operating Income is $106,150.75. Tenants include Natural Springs Pools, RP Electric Solutions, CrossFit Lutz, and Simple Floors. Lease terms are through 2021.
The property is located inside the Hillsborough County Urban Service area at 101-111 Whitaker Road, Lutz, FL. The buildings and land face U.S. Highway 41 and are immediately east of the CSX Rail Line at the lighted corner of Whitaker Road. Property is accessible via two driveways on Whitaker Road. DO NOT DISTURB TENANTS ONSITE.