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Brand-New NNN Retail Lease
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1797 W Hillsborough Ave, Tampa, FL 33603

New 2024 retail property with a tenant-paid NN+ structure, including long-term lease extensions.

Property Size2,503 SF
Price / SF$1,525
Days on Market599

Property Features for 1797 W Hillsborough Ave

General Information

Standard status Active
Size 2,503 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate | Tampa
Listed By: Ari Ravi · License #SL-3210827
Source: Moodyscre
Added: Jan 9, 2025 Changed: Aug 15 Last Checked: Aug 31 at 2:17AM

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 RIPCO Real Estate | Tampa

Investment Insights

Based on property information with market context.

This brand-new 2024 retail property is offered as an NN+ NNN lease arrangement with a 10-year initial term and six (6) additional five-year options, reflecting the tenant’s long-term commitment. The premises are maintained by the tenant, including responsibilities such as grease traps, plumbing, HVAC, trash, and parking lot maintenance, as well as payment of taxes and insurance.

Under the NNN structure, the landlord is responsible for the roof, structure, parking lot paving, and utility systems. The brand-new construction also helps reduce the likelihood of near-term capital expenditures by the landlord.

The property is located at 1797 W Hillsborough Ave, Tampa, FL 33603.

Key Highlights

  • Brand‑new 2024 retail construction designed to reduce landlord capital‑expenditure needs
  • NN+ tenant lease with a 10‑year initial term plus six (6) 5‑year options to extend
  • Tenant pays taxes, insurance, and maintains premises including grease traps, plumbing, HVAC, trash, and parking lot maintenance

Property Analytics

Current Use

Nationwide Interlock Building Supply Performance Autoworks Inc. Car Dealership Starbucks Cafe & Coffee Shop Nationwide Ignition Interlock Building Supply

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Real Estate Agency Accounting Firm Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,113
Businesses Nearby
130k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 15% Electronics 4% Home Improvements & Furnishings 1%
Wawa Shops & Services
42,462 visits/mo 0.1 miles
Thorntons Shops & Services
27,131 visits/mo 0.3 miles
Starbucks Dining
9,143 visits/mo 0.1 miles
Mobil Shops & Services
8,875 visits/mo 0.1 miles
Dunkin' Donuts Dining
6,812 visits/mo 0.3 miles

Demographics for 33603, FL

19,070
Population
9,592
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,651
Density / Sq Mi
$64,632
Median Household Income
$43,136
Median Earnings
$1,320
Median Rent
$344,100
Median Home Value

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New 2024 retail property with a tenant-paid NN+ structure, including long-term lease extensions.
Where is this retail space located?
The property is located at 1797 W Hillsborough Ave Tampa, FL.
What is the asking price?
The asking price for this property is $3,818,182.
What are key features of this property?
This property features: Brand‑new 2024 retail construction designed to reduce landlord capital‑expenditure needs; NN+ tenant lease with a 10‑year initial term plus six (6) 5‑year options to extend; Tenant pays taxes, insurance, and maintains premises including grease traps, plumbing, HVAC, trash, and parking lot maintenance
(813) 921-5640 Call to check price and availability
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