Jetton Office Center

CBRE Capital Markets, acting as exclusive advisor on behalf of the Owner, is pleased to offer the opportunity to acquire the 100% fee simple interest in Jetton Office Center (the “Property” or “Building”), a 18,112 SF, boutique office building located within Tampa’s vibrant South Tampa community. Situated on just under an acre outside of South Tampa’s affluent Golfview neighborhood, the Property currently features a 98.4% occupancy across five (5) tenants with a weighted-average lease term (“WALT”) remaining of 2.9 years. Prospective purchasers have the optionality to enjoy current income as they phase future occupancy or continue to drive in-place income as leases roll upon expiration.

Formerly the Tampa Division Office for the American Cancer Society, Jetton Office Center has received significant capital investment under the current ownership. These improvements include common area furniture upgrades, interior and exterior paint, common area restroom and lobby renovations, LED lighting installation, landscaping upgrades, parking lot mill and overlay, new flooring in the hallways, new awnings on all exterior entry doors and the installation of a new security system. The implementation of these improvements paired with the Property’s convenient proximity South Tampa’s vast amenity base resulted in a seamless and rapid stabilization. Furthermore, the Property’s direct access to Dale Mabry Highway and Henderson Boulevard afford timely commute times to key nearby destinations, including the MidTown Tampa (1.6 miles), Hyde Park Village (2.0 miles), Westshore Business District (2.5 Miles), Downtown Tampa (3.0 miles), Sparkman’s Wharf (4.0 miles) and Tampa International Airport (4.0 miles).

Jetton Office Center offers a rare opportunity to acquire a boutique, irreplaceable asset in one of Tampa’s most sought-after communities at a significant discount to replacement cost.