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Freestanding Retail Space
For Lease
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502 W Grand Central Ave, Tampa, FL 33606

Two-level commercial space sits beside a residential community and near established food, retail, and office operators.

Space Size2,397 SF
Property Size4,108 SF
Days on Market532

Property Features for 502 W Grand Central Ave

General Information

Standard status Active
Size 2,397 SF
Net Rentable 4,108 SF
Property subtype RETAIL

Space & Availability

Available Space 4,108 SF
Contiguous Space 4,108 SF
Floor 1 + 2
Space Use Retail

Building Details

Stories 2
Building Size 4,108 SF

Spaces For Lease

at 502 W Grand Central Ave Contact us

504 W Grand Central Ave

Floor
1
Size
2,397 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Retail/Restaurant space adjacent to Altis Grand Central luxury apartments with...
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Listing Agency: Colliers | Tampa
Listed By: Lisa McCaffrey · License #410903
Source: Moodyscre
Added: Mar 17, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:46PM

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 Colliers | Tampa

Investment Insights

Based on property information with market context.

This freestanding retail space offers 4,108 SF across two levels, with 2,397 SF on the first floor and 1,711 SF upstairs. The property is positioned for retail or restaurant use and stands adjacent to Altis Grand Central, a luxury apartment community with over 300 residential units.

The address is across from the University of Tampa, which has 10k + students, and is located in Hyde Park just west of Downtown Tampa. Oxford Exchange is directly across the street, while nearby operators include Mise En Place, Tori Bar, Mayday Ice Cream, and Paint Nail Bar. The surrounding area includes retail, dining, coworking, and residential uses, creating an established commercial setting for the space.

Key Highlights

  • 4,108 SF freestanding retail or restaurant building
  • Two‑level layout with 2,397 SF on the first floor and 1,711 SF on the second floor
  • Adjacent to Altis Grand Central luxury apartments with over 300 residential units

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Mobile Phone Store Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,956
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Groceries 40% Electronics 4% Dining 3%
Publix Groceries
42,651 visits/mo 0.3 miles
Chevron Shops & Services
16,137 visits/mo 0.2 miles
Sunoco Shops & Services
7,798 visits/mo 0.2 miles
The UPS Store Shops & Services
5,418 visits/mo 0.2 miles
Metro by T-Mobile Electronics
4,702 visits/mo 0.3 miles

Demographics for 33606, FL

22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value

Market

Lease Benchmarks for Tampa, FL

$23.98 /SF/Yr
Avg Asking Price
$4.69–$60 /SF/Yr
Price Range
5,772 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-level commercial space sits beside a residential community and near established food, retail, and office operators.
Where is this retail space located?
The property is located at 502 W Grand Central Ave Tampa, FL.
What are key features of this property?
This property features: 4,108 SF freestanding retail or restaurant building; Two‑level layout with 2,397 SF on the first floor and 1,711 SF on the second floor; Adjacent to Altis Grand Central luxury apartments with over 300 residential units
(813) 605-4471 Call to check price and availability
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