Listing Agency: Florida Commercial Group t***@floridacommercialgroup.com Show Phone

Listed By: Tina Marie Eloian · License #BK653748 Show Phone

Source: Moodyscre

Added: Sep 7, 2022 Changed: Aug 8 Last Checked: Aug 8 at 6:33PM

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Investment Insights

Based on property information with market context.

The listing includes a 2-story, 7,114 SF retail building directly on 7th Avenue, presently occupied by a 7-Eleven tenant on a 10-year NNN lease. The property is described as a modernized historic building with potential for renovation to support additional uses on the second and third stories, including office and/or retail. Additional income potential is also referenced through the possible build-out of a rooftop bar or eatery.

The site is located at the intersection of 7th Avenue and 16th Street in Ybor City, and it is described as being in close proximity to the Centro Ybor Trolley Station on 8th Avenue. The offering also references two nearby parking lots one block south on 16th Street, as well as locations at 6th Avenue and 5th Avenue.

For planning purposes, the seller lists several highest-and-best-use directions such as convenience store with second-story residential/creative space, professional office, retail, and/or restaurant with balcony or terrace, subject to approvals.

Key Highlights

• 2‑story 7,114 SF building directly on 7th Avenue in Ybor City
• Current 7‑Eleven tenant on a 10‑year NNN lease (call broker for lease details)
• Property includes 2 nearby parking lots one block south on 16th Street and along 6th & 5th Avenues

Property Analytics

Current Use

7-Eleven Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Dental Office Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Discount Store Veterinary Clinic

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

2,582

Businesses Nearby

17k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 54% Shops & Services 44% Home Improvements & Furnishings 2%

Hampton Inn & Suites Tampa/Ybor City/Downtown Hotels & Casinos

8,871 visits/mo 0.3 miles

Sunoco Shops & Services

7,310 visits/mo 0.4 miles

Rent King Home Improvements & Furnishings

379 visits/mo 0.5 miles

Demographics for 33605, FL

18,243

Population

8,994

Households

2

Avg Household Size

36

Median Age

21%

College-Educated

79%

High-School Grad

7.8 sq mi

ZIP Area

2,339

Density / Sq Mi

$36,790

Median Household Income

$35,889

Median Earnings

$1,122

Median Rent

$235,100

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

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - 2-story building on 7th Avenue currently leased to 7-Eleven on a 10-year NNN lease.

Where is this grocery and convenience store located?

The property is located at 1535 E 7th Ave Tampa, FL.

What is the asking price?

The asking price for this property is $6,950,000.

What are key features of this property?

This property features: 2‑story 7,114 SF building directly on 7th Avenue in Ybor City; Current 7‑Eleven tenant on a 10‑year NNN lease (call broker for lease details); Property includes 2 nearby parking lots one block south on 16th Street and along 6th & 5th Avenues