2600 & 2700 Falkenburg Road

Location: Riverview, FL
Type: Other
Price: $10,250,000

SMC has provided a $10,250,000 ten-year fixed rate mortgage for the acquisition of 2600 & 2700 Falkenburg Road. Completed in 2001, the Property is comprised of two, one-story Class-A flex/office buildings and is 86% occupied by 12 national, regional and local tenants. The buildings feature 14′ ceiling heights and include 33 drive-in doors. Approximately 70% of the Property is comprised of office finishes while the remaining 30% of space has functional flex configurations with office build out percentages ranging from 10% to 95%. The Property is centrally located in Hillsborough County at the confluence of major expressways including I-75, Highway 301, and the Selmon Crosstown Expressway, approximately 10-miles east of the Tampa CBD.