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    Retail Center with Flexible Suites Title is generated by Realmo AI

    1005 W BUSCH BOULEVARD, Tampa, FL 33612

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    Claim this Listing
    New
    For Sale
    $4,400,000

    Retail - TAMPA, FL

    Type:Retail
    Property size:
    23,512 SF
    Lot size:
    1.18 Acres
    Price / SF:
    $187/SF
    Added:
    Jun 23, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 1005 W BUSCH BOULEVARD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    PD
    Standard status
    Active
    APN
    A-23-28-18-3DN-000014-00005.0
    Size
    23,512 SF
    Lot size
    1.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    55405.38

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1987
    Building materials
    Block, Stucco
    Architectural style
    Other

    We can help!

    Contact an agent
    Nhu Nguyen

    Listing agent Nhu Nguyen License #3438353

    Listing office HOME WISE REALTY GROUP, INC. 217 N Westmonte Dr #2012, Altamonte Springs, FL

    Listing date Jun 23, 2026

    MLS# TB8522502 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 18,000 SF retail center
    • Tenant base includes over 40 businesses, supporting multiple income streams
    • Immediate cash flow reported
    • Block and stucco construction
    • Central air cooling
    • Year built 1987 with a flexible suite layout for retail, service, office, and professional uses

    Overview

    1005 W Busch Boulevard presents a retail center offered for sale within a PD zoning classification. The property is listed at approximately 23,512 square feet on about 1.18 acres and is described as featuring a diverse tenant base with over 40 businesses. The configuration includes a flexible suite layout intended to accommodate a wide range of retail, service, office, and professional uses.

    Positioned along Busch Boulevard, the asset is described as having strong frontage with visibility and easy access. The surrounding area is characterized in the offering materials as including established neighborhoods, major retailers, medical facilities, and employment centers, supporting a local mix of shoppers and nearby demand.

    For buyers or operators, the center’s multi-tenant setup may appeal to those seeking a retail asset with described diversified tenancy and leasing flexibility across multiple suite types. Tenants looking for a retail-service-office/professional location may find the suite mix useful for matching their operating model to available space within the center.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $507.9k $21.60
    − Vacancy −$124.4k −$5.29
    EGI $383.4k $16.31
    − OpEx −$95.9k −$4.08
    NOI $287.6k $12.23
    23,512 SF · lease $21.60/SF/yr · vacancy 24.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.11M
    $3.59M – $4.79M (±1% cap)
    NOI $287,575 @ 7.0% cap · market cap 6.54%
    Second Best
    Retail
    $4.00M
    $3.50M – $4.67M (±1% cap)
    NOI $279,957 @ 7.0% cap · market cap 6.36%
    Theoretical Best
    Office A
    $5.36M
    $4.69M – $6.25M (±1% cap)
    NOI $374,913 @ 7.0% cap · market cap 8.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Dental Plan Dental Office Raise The Bar Fitness ... Gym & Fitness Center Watertight Roofing Svc ... Roofing Company The Bae Area Hair Salon Tampa Temporary Barricades Building Supply

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.469364
    Latitude
    28.033823

    FAQs

    What type of property is this?
    Retail space - Well-trafficked retail center described with 40+ tenants and flexible suites for retail and service use.
    Where is this retail space located?
    The property is located at 1005 W BUSCH BOULEVARD Tampa, FL.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Approximately 18,000 SF retail center; Tenant base includes over 40 businesses, supporting multiple income streams; Immediate cash flow reported
    More about this property
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