6711-6735 N Armenia Ave Tampa, FL 33604

The Shoppes of Armenia, located in Tampa, Florida, presents an investment opportunity. This mixed-use property totals 11,407 square feet, including 9,427 square feet of retail space on the ground floor and four apartment units on the second floor. The property is 100% leased by a mix of local tenants. Some tenants operate on a month-to-month basis, while others have modified gross leases with initial terms between 1 and 5 years, including options and escalations. Constructed in 1956, the main building was expanded in 1964 with an additional 4,800 rentable square feet, which included the four apartment units. The property benefits from high visibility, with over 250 feet of frontage on N. Armenia Ave, which sees approximately 24,500 vehicles per day. Situated on a hard corner, the property has multiple access points, including three on N. Armenia and one on W. Minnehaha St. The location is supported by a dense customer base, with over 300,000 residents within a 5-mile radius. The property is located close to Bravo Supermarkets (0.3 miles), Publix (1.1 miles), Lowry Park Zoo (1.5 miles), Neighborhood Walmart (2.1 miles), Walmart Supercenter (2.8 miles), Raymond James Stadium (3.8 miles), Hillsborough Community College (3.9 miles), International Mall (5 miles), Westshore Mall (6 miles), Tampa International Airport (6 miles), and the University of South Florida (6.8 miles).