Tampa Bay, Florida – NNN Commercial Real Estate investments are found all across Florida, although we desire Palm Beach County and the Tampa Bay area. Commercial Real Estate Investments have a broad spectrum with a varied range of categories. So conservative investors prefer NNN Commercial Real Estate, with little or no landlord responsibilities. We performed a NNN Commercial Real Estate Property search in Hills borough County, Tampa Bay. We found an Investment Property transaction with Eola Capital. Eola Capital is an Orlando-based commercial real estate investment company.
Florida Commercial Properties For Sale
As commercial real estate investors, Eola Capital has acquired a 130,000 square foot this Tampa Bay Investment Property. This commercial real estate is an office building located at 500 N. Westshore Boulevard. The description of this commercial real estate property is that its is a 10-story, Class A office building. This commercial property purchase will increase Eola Capital’s Investment Property
Portfolio, in Tampa Bay, to more than 1.6 million-square-feet. The Investment Property was built in 1984 and is adjacent to the Westshore Plaza, a large Retail Shopping Center. Eola Capital plans to invest in substantial capital improvements and renovations for this Commercial Real Estate Investment Property.
Tenant Leased Properties Search
Currently, Westshore 500 is approximately 90% net leased and it has a diverse rent roll. The Tenants leasing space are comprised of smaller companies providing a stable rent stream for the Investment Property. This commercial real estate property comes with a parking garage that leads directly into the building lobby atrium at all three levels. This commercial real estate houses a convenient SunTrust Bank location. This Investment Property has a prestigious Westshore location, near Westshore Plaza, and access at the intersection of Westshore and I-275. The Capital Grille, P.F. Chang’s, Maggiano’s Little Italy, Ruth’s Chris Steak House, Seasons 52 and Boizao Steakhouse are just a few of the outstanding restaurants in the immediate area.
Eola’s investment platform of more than 180 employees in seven regional offices provides a seamless and proactive approach to business. Its local, hands-on investment in institutional investment properties that enables Eola Capital to produce above-market, risk-adjusted yields for its investors.
Tampa Commercial Investment Property Search
We often see many NNN Commercial Real Estate Properties that are very attractive in the Tampa Bay Market. These Investment Properties in Tampa Bay or St. Petersburg, Florida are attractive investments when using a 1031 tax exchange. Unlike other investments, commercial real estate is a great tax saver and helps you defer capital gains tax by using the 1031 exchange. “NNN” Triple Net Lease Properties are best when secured by leases with a remaining term of 12 to 25 years. This minimizes the concern of net-leased tenant turnover for your Investment Property and is an essential elements of NNN Commercial Real Estate investments.
Investors See Commercial Real Estate Gaining Momentum
We have read recent updates that Construction activity is heating up nationwide specifically in Florida. We have several Properties from 1 to 3 Acres which are prime for new commercial property developments. We see new developments which started in the first quarter are now gaining momentum and being sold.
CONTACT us for a purchase or disposition of commercial real estate investors or a 1031 exchange replacement property. We have a wide range of Buyers for your Commercial Property.
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We can recommend financing specialists for your Investment Property Financing, Mezzanine Loans and Commercial Property Loans. Florida Commercial Real Estate Investors should use a qualified Lender for a smooth transaction.