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    Seffner Shopping Center For Sale Title is generated by Realmo AI

    707 W Dr Martin Luther King Jr Blvd, Seffner, FL 33584

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    For Sale
    $10,150,000

    69,757 SF shopping center in Seffner, Florida.

    Type:Shopping Strip
    Property size:
    69,757 SF
    Price / SF:
    $145/SF
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 3 at 5:15 am

    Property Features for 707 W Dr Martin Luther King Jr Blvd

    General Information

    Standard status
    Active
    Size
    69,757 SF
    Property subtype
    Shopping Strip

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Kirk D. Olson

    Listing agent Kirk D. Olson License #FL: SL3113669

    Listing office Miami Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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 Miami Office

    HighLights

    • 69,757 square foot shopping center
    • Located in Seffner, Florida
    • North Grove Center
    • For sale by Marcus & Millichap
    • Year Built: 1979
    • 6.80%

    Overview

    The property is a 69,757 square foot shopping center. It is located in Seffner, Florida.

    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 $1.05M $15.00
    − Vacancy −$68.0k −$0.98
    EGI $978.3k $14.03
    − OpEx −$293.5k −$4.21
    NOI $684.8k $9.82
    69,757 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $9.78M
    $8.56M – $11.41M (±1% cap)
    NOI $684,839 @ 7.0% cap · market cap 6.75%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $20.20M
    $17.68M – $23.57M (±1% cap)
    NOI $1,414,150 @ 7.0% cap · market cap 13.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Sliding Glass Door ... General Contractor

    Suggested Use

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

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

    Similar Places Nearby

    • Northgrove Shopping Center — 725 w dr martin luther king jr blvd, seffner, fl 33584
    • mango plaza — 11720 w dr martin luther king jr blvd, seffner, fl 33584
    • Mango Plaza — 11724 E Dr Martin Luther King Jr Blvd, Seffner, FL 33584
    • Parsons Village Square — 730 W Dr Martin Luther King Jr Blvd, Seffner, FL 33584
    • Coin Cloud Bitcoin ATM — 729 W Dr Martin Luther King Jr Blvd, Seffner, FL 33584

    Location Insight

    • Map
    • Local Demand
    City
    Seffner
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.285619
    Latitude
    27.981626

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    FAQs

    What type of property is this?
    Shopping center - 69,757 SF shopping center in Seffner, Florida.
    Where is this shopping center located?
    The property is located at 707 W Dr Martin Luther King Jr Blvd Seffner, FL.
    What is the asking price?
    The asking price for this property is $10,150,000.
    What are key features of this property?
    This property features: 69,757 square foot shopping center; Located in Seffner, Florida; North Grove Center
    (786) 522-7064
    We can help!
    Listing Contact
    Kirk D. Olson
    Real Estate License ID: FL: SL3113669
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