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Retail Center with Multiple Tenancies

1005 W BUSCH BOULEVARD Tampa, FL 33612

1005 W BUSCH BOULEVARD, Tampa, FL, 33612
$4,400,000
For Sale
Claim this Listing
$4,400,000

Shopping center offers about 18,000 SF with more than 40 businesses and strong Busch Boulevard visibility.

Property Size23,512 SF
Price / SF$187.14
AddedJun 27
Days on Market18
Last RefreshJul 4 at 2:47 am

Property Features for 1005 W BUSCH BOULEVARD

General Information

Standard status
Active
Size
23,512 SF
Property subtype
Commercial

Building Details

Year Built
1987

Listing office HOME WISE REALTY GROUP, INC.

Listing date Jun 27, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of HOME WISE REALTY GROUP, INC.


Investment Insights

Based on property information with market context.

1005 W Busch Boulevard is a retail center with an approximately 18,000 SF footprint and a diverse existing tenant base of more than 40 businesses. The property features a flexible suite layout that supports a range of uses, including retail, service, office, and professional applications.

Located at 1005 W Busch Boulevard in Tampa, the center is positioned along a heavily traveled commercial corridor. The asset offers strong frontage on Busch Boulevard, with visibility and easy access designed to serve both tenants and customers.

For tenants and buyers seeking an adaptable retail configuration, the current mix of operations and the range of supported suite types can help accommodate different merchandising and service needs. Leasing prospects are supported by the flexible layout, while the existing variety of businesses may appeal to users looking for a multi-tenant environment in an area with established neighborhoods, major retailers, medical facilities, and employment centers.

Key Highlights

  • Retail center built in 1987 offering approximately 18,000 SF of commercial space
  • Diverse tenant base with 40+ businesses, creating multiple income streams
  • Strong frontage on W Busch Blvd with high visibility along a heavily traveled commercial corridor

Local Financial Insights For Retail

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 $423.2k $18.00
− Vacancy −$23.3k −$0.99
EGI $399.9k $17.01
− OpEx −$120.0k −$5.10
NOI $280.0k $11.91
23,512 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.00M
$3.50M – $4.67M (±1% cap)
NOI $279,957 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
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 Analytics

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

Parking Lot & Garage Kitchen & Bath Showroom Veterinary Clinic Plumbing Service Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Gym & Fitness Center Pet Grooming Service Storage Facility

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

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FAQs

What type of property is this?
Shopping center - Shopping center offers about 18,000 SF with more than 40 businesses and strong Busch Boulevard visibility.
Where is this shopping center 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: Retail center built in 1987 offering approximately 18,000 SF of commercial space; Diverse tenant base with 40+ businesses, creating multiple income streams; Strong frontage on W Busch Blvd with high visibility along a heavily traveled commercial corridor
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