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