Value-Add Retail-Office Strip
4211 E Busch Boulevard A TAMPA Tampa, FL 33617
4211 E Busch Boulevard A TAMPA, Tampa, FL, 33617
$2,200,000
For Sale
$2,200,000
Strip center with 10 units, 8 occupied and 2 vacant, offering retail/office space and owner-user flexibility.
Property Size8,492 SF
Price / SF$259.07
Days on Market18
Property Features for 4211 E Busch Boulevard A TAMPA
General Information
- Standard status
- Active
- Size
- 8,492 SF
Building Details
- Year Built
- 1980
Listing agency
(904) 569-5862
Listed by
Martina Jordan
(904) 569-5862
Source
Movetojacksonville
Added: Jul 5 Updated: Jul 22 at 5:12AM Checked: Jul 22 at 5:12AM
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.
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
Local Financial Insights For Office B
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 | $203.8k | $24.00 |
| − Vacancy | −$49.9k | −$5.88 |
| EGI | $153.9k | $18.12 |
| − OpEx | −$38.5k | −$4.53 |
| NOI | $115.4k | $13.59 |
8,492 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,406 @ 7.0% cap · market cap 5.25%
Second Best
Retail
$1.44M
$1.26M – $1.69M
NOI $101,114 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,488 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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
Similar For Sale Nearby
FAQs
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
