Retail Center with Flexible Suite
1005 W BUSCH Boulevard Tampa, FL 33612
1005 W BUSCH Boulevard, Tampa, FL, 33612
$4,400,000
For Sale
$4,400,000
SINGLE_FAMILY - TAMPA, FL
Property Size23,512 SF
Lot Size1.18 Acres
Price / SF$187.14
Days on Market31
Property Features for 1005 W BUSCH Boulevard
General Information
- Property type
- Residential
- 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 Description
- TAMPA'S NORTH SIDE COUNTRY CLUB AREA UNIT NO 1 SOUTHGATE PT OF BLK 14 AND VAC ST DESC AS COM AT SE COR OF BLK 14 THN W 250.05 FT TO SW COR OF LOT 5 THN N 259.77 FT TO NW COR OF LOT 32 THN E 120.64 FT TO A PT 47.57 FT W OF N EDISON AVE THN S 03 DEG W 86.46 FT THN S 86 DEG 39 MIN E 102.48 FT TO N EDISON AVE THN SELY ALG SD AVE AN ARC DIST OF 171.52 FT TO POB
- Tax Annual Amount
- 55405
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1987
- Floors in Building
- 2
- Building materials
- Block, Stucco
Listing agency
HOME WISE REALTY GROUP, INC.
(407) 712-2000
Listed by
Nhu Nguyen · License #3438353
(813) 812-4078
Added: Jun 23 Updated: Jun 24 at 2:01PM Checked: Jul 23 at 9:06AM
MLS# TB8522502
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.
Investment Insights
Based on property information with market context.
1005 W Busch Boulevard is a retail center with flexible suite layout designed to accommodate a range of retail, service, office, and professional uses. The property is listed at 23,512 square feet and includes a diverse tenant base with over 40 businesses.
The center benefits from strong frontage on Busch Boulevard with visibility and easy access. It is surrounded by established neighborhoods, major retailers, medical facilities, and employment centers, supporting ongoing demand for commercial space in the area.
Zoned PD, the property is positioned for both current income and future leasing activity as suites become available.
The center benefits from strong frontage on Busch Boulevard with visibility and easy access. It is surrounded by established neighborhoods, major retailers, medical facilities, and employment centers, supporting ongoing demand for commercial space in the area.
Zoned PD, the property is positioned for both current income and future leasing activity as suites become available.
Key Highlights
- Retail center built in 1987 with approx. 18,000 SF of space
- Block and stucco construction with central air cooling
- Tenant base includes 40+ businesses, providing multiple income streams
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
NOI $287,575 @ 7.0% cap · market cap 6.54%
Second Best
Retail
$4.00M
$3.50M – $4.67M
NOI $279,957 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$5.36M
$4.69M – $6.25M
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
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FAQs
What type of property is this?
Shopping center - Retail center offering flexible suites and a tenant roster of 40+ businesses within a PD-zoned commercial property.
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 with approx. 18,000 SF of space; Block and stucco construction with central air cooling; Tenant base includes 40+ businesses, providing multiple income streams
