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8610 N SUWANEE AVENUE

Commercial For Sale
$1,250,000

BTC: 13.18041938

ETH: 372.02380952

+$91K (2024/08/27)
374 days
0 room(s)
6,797 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
19 to 30 Spaces
Year Built:
1959
Lot:
0.35 Acres
Heating:
No Data
Price/sqft:
$184
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Parking

    • 19 to 30 Spaces

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: A2428183EF00000600001.0

    • Zoning: CI

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $8,280

  • Source details

    • MLS ID: T3492077

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 6797

    • Subdivision Name: IRVINTON HEIGHTS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BAY STREET COMMERCIAL LLC