Map of Property

Pelwood Square

For Sale

18115 U.S. 41, Lutz, FL 33549

This Lutz property for sale is located at 18115 U.S. 41. The general use of Pelwood Square is office and it incorporates 10,000 square feet of class A office space. Contact the listing broker for details on the current sale price for Pelwood Square. Pelwood Square is situated on a lot that is 1.1 acre in size.

Contacts

broker
Jon Slater

Lincoln Property Company

Property Details

  • Property Type Office - General Office
  • Property Size 10,000 SF
  • Lot Size 1.1 Acre
  • Parking Spaces Avail. 40
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1987
  • Year Renovated 2025
  • Date Updated Apr 23, 2025
Positioned at 18115 U.S. 41 in Lutz, Florida, this office building offers a prime location within one of the fastest-growing areas in the Tampa Bay region. Lutz is renowned for its robust infrastructure, proximity to key economic hubs, and vibrant local economy, making it an attractive destination for businesses and investors alike.Pelwood Square (the “Property”) is a 10,000 SF single-story two (2) building suburban office complex located in Lutz, Florida, just on the northern edge of Tampa minutes away from Interstate 275 at the Bearss Avenue interchange. The brick exterior buildings were constructed in 1987 and feature an attractive courtyard setting and ample parking, along with a building monument sign providing opportunity for tenant signage. The Property has been excellently maintained with a new roof added in 2022 and a new septic field added in 2025. The Property has enjoyed high-demand tenancy for the duration of its existence, ideally lending itself either to tenants focused only on leasing as well as an user-owner seeking to to partially occupy the property. The Property is current 100% leased to seven (7) tenants, the most recent of which entered into a lease at $25.00 per SF on a modified gross basis, which is still on the lower end of the asking rent range for competing office buildings in the area.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • The current proforma average rent of $20.93 per SF is 20%-plus under market, presenting substantial upside to a buyer.

Getting around

  • 44/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lutz, FL
  • Neighborhood Lutz
  • Zip Code 33549
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Congo Station (WestBound Only)

    7.14 miles

  • Nairobi

    7.43 miles

  • Amber Limousine

    8.80 miles

  • Lutz Petroleum

    0.13 miles

  • Citgo

    1.36 miles

  • Speedway

    2.00 miles

  • 7-Eleven

    2.11 miles

  • Shell

    2.53 miles

  • Walmart

    3.04 miles

  • Radiant

    3.32 miles

  • Mobil

    3.33 miles

  • Tampa - East Bearss Ave Supercharger

    3.40 miles

  • Tesla Supercharger

    5.29 miles

  • Northdale Plaza Parking

    3.96 miles

  • school grounds parking

    4.56 miles

  • Lot 38C

    5.24 miles

  • Lot 38R

    5.26 miles

  • Lot 38H

    5.27 miles

  • Lot 38T

    5.32 miles

  • Lot 38G

    5.35 miles

  • Lot 38A

    5.37 miles

  • Lots 38B/38F

    5.37 miles

  • Vista Inn & Suites Tampa

    3.30 miles

  • Super 8 Tampa

    4.71 miles

  • Days Inn Tampa/North of Busch Gardens

    4.76 miles

  • SpringHill Suites Tampa North/I-75 Tampa Palms

    5.21 miles

  • Lamplighter Motel

    5.37 miles

  • A-1 Motel

    5.51 miles

  • Rodeway Inn & Suites

    5.64 miles

  • La Quinta Inn & Suites Tampa North I-75

    5.64 miles

  • Howard Johnson Express Inn - Tampa North/Busch Gardens

    5.67 miles

  • Holiday Inn Express & Suites Tampa-I-75 @ Bruce B. Downs

    5.68 miles

  • Winn-Dixie

    0.28 miles

  • Publix

    1.78 miles

  • Target

    2.58 miles

  • Kohl's

    2.70 miles

  • Walmart Supercenter

    3.02 miles

  • Ross

    3.47 miles

  • ALDI

    3.49 miles

  • Bealls Outlet

    3.77 miles

  • Marshalls

    3.77 miles

  • Belk

    3.83 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jon Slater

Lincoln Property Company

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.