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Value-Add Retail-Office Strip Center
For Sale
$2,200,000

4211 E Busch Boulevard A TAMPA, Tampa, FL 33617

Strip center with 10 units, 8 occupied and 2 vacant, offering retail/office space and owner-user flexibility.

Property Size9,650 SF
Price / SF$259.07
Days on Market95

Property Features for 4211 E Busch Boulevard A TAMPA

General Information

Standard status Active
Size 9,650 SF
Zoning CG
Occupancy 80%

Taxes and HOA fees

Annual Taxes $29,753

Amenities

true
21926
0.5
false
Asphalt,Concrete
Slab
City Street
9650
1

Building Details

Building Size 9,650 SF
Year Built 1980
Buildings 1
Tenancy Multi
Listed By: Martina Jordan
Source: Movetojacksonville
Added: Jul 5 Changed: Oct 6 Last Checked: Oct 5 at 2:59PM

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 Martina Jordan

Investment Insights

Based on property information with market context.

4211 E Busch Boulevard A is a value-add retail/office strip center configured with 10 individual units, totaling approximately 8,492 square feet. The center is currently 8 units occupied and 2 units vacant, creating immediate income while also offering lease-up and/or owner-occupancy flexibility.

The property is located on E Busch Blvd in a high-traffic Tampa corridor near Busch Gardens, with visibility and a mix of surrounding residential and commercial demand noted in the remarks. Pro forma income after lease-up is estimated at about $201,821 annually, supporting the stated value-add upside for investors and end users.

Key Highlights

  • Single‑building retail/office strip center built in 1980 on a 0.5‑acre lot
  • Total building area of 9,650 SF with 10 units: 8 occupied and 2 vacant
  • Located on E Busch Blvd with city street frontage and asphalt/concrete road surface

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$101,114
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,022,280 $2.0M
Cap Rate 7%
$1,444,486 $1.4M
Cap Rate 9%
$1,123,489 $1.1M
Market Conditions
NOI Build-Up for 8,492 SF
Gross rent
$152.9K $18.00/SF
− Vacancy
−$8.4K −$0.99/SF
EGI
$144.4K $17.01/SF
− OpEx
−$43.3K −$5.10/SF
NOI
$101.1K $11.91/SF
Area
Tampa, FL
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,022,280
Cap Rate 7%
$1,444,486
Cap Rate 9%
$1,123,489

Alternative Uses

Best Use
Retail
$1.44M
$1.26M – $1.69M (±1% cap)
NOI $101,114 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,488 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Tampa Finest Hair Salon Elite Luxe Beauty Spa & Massage Center Serene Beauty Lab Medical Clinic JC Adult Academy Social Service Agency POSEIDON FINANCIAL GROUP ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom Law Firm Storage Facility

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

Lease Details

80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 98% Home Improvements & Furnishings 2%
Roses Discount Store Shops & Services
10,743 visits/mo 0.5 miles
Mobil Shops & Services
9,747 visits/mo 0.0 miles
Dollar General Shops & Services
7,623 visits/mo 0.4 miles
Family Dollar Shops & Services
7,548 visits/mo 0.4 miles
Value Pawn & Jewelry Shops & Services
2,217 visits/mo 0.2 miles

Demographics for 33617, FL

48,267
Population
21,912
Households
2.2
Avg Household Size
33
Median Age
29%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
5,485
Density / Sq Mi
$48,651
Median Household Income
$33,710
Median Earnings
$1,337
Median Rent
$267,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Strip mall - Strip center with 10 units, 8 occupied and 2 vacant, offering retail/office space and owner-user flexibility.
Where is this strip mall located?
The property is located at 4211 E Busch Boulevard A TAMPA Tampa, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Single‑building retail/office strip center built in 1980 on a 0.5‑acre lot; Total building area of 9,650 SF with 10 units: 8 occupied and 2 vacant; Located on E Busch Blvd with city street frontage and asphalt/concrete road surface
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