Bay Lake Center is a two story, +17,695 SF, office building with eleven tenants, located in Carrollwood, FL. Bay Lake Center is situated on North Dale Mabry Highway, the primary retail corridor in the Tampa MSA. Ten of the eleven tenants have base year stop expense
recoveries in place, allowing a new investor to pass through a majority of expense increases that may occur, including a real estate tax reassessment due to a sale.

This stretch of North Dale Mabry Highway in the Carrollwood area is considered a suburban office corridor that is known for low historic vacancies and a high barrier to entry for investors looking for acquisition opportunities. At this location, North Dale Mabry Highway has an average of 60,000 vehicles per day and a population of 95,769 within a three mile radius.

Bay Lake Center offers an investor the opportunity to acquire a fully occupied property with stable cash flow. This asset also has the potential for an owner/user to relocate tenants to occupy space themselves while receiving additional income from the other tenants.