Active

8610 N SUWANEE AVE

TAMPA FL, 33604

$1,250,000


$183.90 per sqft

Active

6,797 sqft

Commercial

Built in 1959

This recently renovated and fully leased 6,797 SF retail strip center is located on a 15,272 SF Commercial Intensive zoned lot with 30 parking spaces and is a stabilized investment ready for a new owner looking for passive income. This opportunity enjoys busy Florida Avenue frontage directly next to one of the more active Home Depot locations in Tampa and this stretch of Florida Avenue has a traffic count in excess of 25,000 VPD. The building is currently demised into 6 separate suites ranging in size from 539 SF to 1712 SF.
Current Tenants include:
8605A Florida - 1204 SF - Occupied by mattress store (through January 2029)
8605B Florida - 1003 SF - Occupied by Iglesias Pentacostal (through 2025)
8606 (539 SF) & 8608 (881 SF) Suwanee - Leased to Ashe II Botanica (through 7/31/27)
8610 Suwanee - 1458 SF - Leased to arcade (through 4/30/25)
8612 & 8614 Suwanee - 1712 SF - Leased to auto dealer (through 4/30/27)
Lease rates escalate annual and upside potential for increased rates as leases expire or renew.
Current Cap Rate: 8.26%

Located in Tampa next to N. Florida Avenue and west of I-275, offering easy access to surrounding areas.

T3492077

MLS ID

December 14, 2023

Listed

December 21, 2024

Updated

Map

8610 N SUWANEE AVE
TAMPA FL, 33604

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.35 Acres

Other Property Details

Area Name

33604 - Tampa / Sulphur Springs


Taxes

$8,280


Tax Frequency

Annually


Days on Market

373


Association Fee Frequency

Monthly


Garage

No


Parking

Parking Spaces - 19 to 30


View

No


County

Hillsborough


Municipality

28


Pool

No


Zoning

CI

Listing History

Date

Event

Price

8/27/2024

Price change

$1,250,000

7%

Listed by BAY STREET COMMERCIAL LLC
Listing Contact: 813-254-6756 

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Data last updated 12/21/2024, 7:18 PM UTC

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