Leased Retail Property in Tampa

4172 E Hillsborough Ave, Tampa, FL

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For Sale

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Fully leased retail property with high traffic and visibility.

Type:RETAIL

Property size:

3,426 SF

Lot size:

0.31 Acres

Price / SF:

$233/SF

HighLights

Fully leased with a 10‑year lease in place, providing immediate income.
High traffic location with 47,000 vehicles per day on E. Hillsborough Avenue, offering excellent visibility.
Potential seller financing available.
Two freestanding buildings: a 1,791 SF front building and a 1,635 SF rear building suitable for a car lot or additional business operations.
Zoned CI (Commercial Intensive), allowing for a wide range of business uses including retail, automotive, and service‑oriented businesses.
Located in a qualified HUBZone.

We can help!

Listing Contact

Tina Eloian

Learn more

For Sale

Contact for pricing

Fully leased retail property with high traffic and visibility.

Type:RETAIL

Property size:

3,426 SF

Lot size:

0.31 Acres

Price / SF:

$233/SF

Added:: Oct 27, 2023
Days on Market:: 963
Last Refresh:: May 20 at 8:26 pm

Property Features for 4172 E Hillsborough Ave

General Information

Standard status: Active
Size: 3,426 SF
Lot size: 0.31 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Tina Eloian

Listing agent Tina Eloian License #653748

Listing office Florida Commercial Group

Listing date Oct 27, 2023

Source Moodyscre

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 Florida Commercial Group

HighLights

Fully leased with a 10‑year lease in place, providing immediate income.
High traffic location with 47,000 vehicles per day on E. Hillsborough Avenue, offering excellent visibility.
Potential seller financing available.
Two freestanding buildings: a 1,791 SF front building and a 1,635 SF rear building suitable for a car lot or additional business operations.
Zoned CI (Commercial Intensive), allowing for a wide range of business uses including retail, automotive, and service‑oriented businesses.
Located in a qualified HUBZone.

Overview

This fully leased, freestanding retail property is located in East Tampa. The front building measures 1,791 square feet and includes a small office/reception area and two bays suitable for body work, including a drying station. It also features 12-foot ceilings. The 1,635-square-foot building to the rear of the property may be used for a car lot or additional business operations. The property is fully fenced and includes wall-mounted signage that provides visibility to daily commuters on E. Hillsborough Avenue. The property is suitable for a range of businesses, such as a retail store, office, automotive paint, service and body repair, automotive sales, tire shop, or mechanic shop, as well as professional or service-oriented businesses. The property features a 240 square foot office with a restroom, an onsite storage shed, and two grade-level bay doors. It also includes a paint station with air filtration, an air compressor, a lift, and ample yard space. The 0.31-acre lot is situated in the heart of East Tampa, near commercial commerce, residential neighborhoods, schools, public transportation, and major thoroughfares. The location has a high traffic count of approximately 47,000 vehicles per day. It is located in a qualified HUBZone and is close to 40th Street, 56th Street, Interstate 4, Busch Blvd, Dr. Martin Luther King Jr. Blvd., Nebraska Avenue, and Interstate 275, with accessibility to Downtown Tampa, USF, Temple Terrace, North Tampa, and Interstate 75.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$62.9k	$18.36
− Vacancy	−$3.5k	−$1.01
EGI	$59.4k	$17.35
− OpEx	−$17.8k	−$5.21
NOI	$41.6k	$12.15

3,426 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Industrial

$594.4K

$520.1K – $693.5K (±1% cap)

NOI $41,609 @ 7.0% cap · market cap 5.21%

Second Best

Retail

$582.8K

$509.9K – $679.9K (±1% cap)

NOI $40,793 @ 7.0% cap · market cap 5.11%

Theoretical Best

Office A

$798.2K

$698.4K – $931.2K (±1% cap)

NOI $55,871 @ 7.0% cap · market cap 6.99%

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

Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

Collision Guys Tampa Body Shop — 4520 N Florida Ave, Tampa, FL 33603
AJ Brothers Autobody & Repairs — 4612 N Florida Ave, Tampa, FL 33603
Tach Automotive — 4602 n florida ave, tampa, fl 33603
Tach Automotive LLC — 4602 N Florida Ave, Tampa, FL 33603
Ape Auto Glass, LLC — 4513 n florida ave #121, tampa, fl 33603

Location Insight

Map
Local Demand

City: Tampa
County: Hillsborough
State: Florida
Longitude: -82.4106
Latitude: 27.9963

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For sale
Auto shops
FL
Tampa
4172 E Hillsborough Ave

What type of property is this?

Auto shop - Fully leased retail property with high traffic and visibility.

Where is this auto shop located?

The property is located at 4172 E Hillsborough Ave Tampa, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Fully leased with a 10‑year lease in place, providing immediate income.; **High traffic location with 47,000 vehicles per day on E. Hillsborough Avenue, offering excellent visibility.**; Potential seller financing available.