NNN Commercial
For Sale
Contact for pricing
3233 W Cypress St, Tampa, FL 33607
Commercial condominium undergoing renovation for a sports bar tenant under an absolute NNN lease.
Property Size4,432 SF
Days on Market130
Property Features for 3233 W Cypress St
General Information
Standard status
Active
Size
4,432 SF
Property subtype
Retail
Additional Details
Traffic Count
12,700 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Ripco Real Estate
(727) 452-6864
Listed By:
Joe Simpson · License #SL3432152
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 30 at 9:41PM
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
Investment Insights
Based on property information with market context.
This 4,432-square-foot commercial condominium is being renovated for Cancun’s Sports Bar & Grill. The unit is part of a 10-unit neighborhood shopping center and represents 15% of the overall project. The property is structured around a 10-year absolute NNN lease, placing primary operating responsibilities with the tenant.
The lease also includes one 10-year extension option, with 15% rental increases scheduled in Year 1 and Year 6 of the option period. These terms provide defined lease duration and contractual rent growth while limiting landlord obligations. The asset combines a dedicated commercial condominium unit, an established restaurant and sports-bar concept, and a long-term net lease structure.
The lease also includes one 10-year extension option, with 15% rental increases scheduled in Year 1 and Year 6 of the option period. These terms provide defined lease duration and contractual rent growth while limiting landlord obligations. The asset combines a dedicated commercial condominium unit, an established restaurant and sports-bar concept, and a long-term net lease structure.
Key Highlights
- 4,432 SF commercial condominium
- Located within a 10‑unit neighborhood center
- Unit represents 15% of the overall project
Property Analytics
Property Profile
Current Use
Lease Details
12,700 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,080
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 35%
Shops & Services 19%
Home Improvements & Furnishings 7%
ABC Fine Wine & Spirits
Groceries
15,503 visits/mo
0.5 miles
Krispy Kreme Doughnuts
Dining
14,010 visits/mo
0.4 miles
Bank of America
Shops & Services
4,490 visits/mo
0.5 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
2,605 visits/mo
0.4 miles
First National Bank
Shops & Services
1,708 visits/mo
0.4 miles
Demographics for 33607, FL
24,767
Population
13,158
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
9.3 sq mi
ZIP Area
2,663
Density / Sq Mi
$66,404
Median Household Income
$43,404
Median Earnings
$1,771
Median Rent
$316,100
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Commercial condominium undergoing renovation for a sports bar tenant under an absolute NNN lease.
Where is this nnn property located?
The property is located at 3233 W Cypress St Tampa, FL.
What are key features of this property?
This property features: 4,432 SF commercial condominium; Located within a 10‑unit neighborhood center; Unit represents 15% of the overall project
