NNN Shopping Center with Medical
7345 Jackson Springs Rd Tampa, FL 33634
For Sale
Contact for pricing
Fully occupied NNN shopping center with 8 tenants and recurring annual rent escalations, supported by recent capital improvements.
Property Size11,896 SF
Price / SF$242.77
Days on Market100
Property Features for 7345 Jackson Springs Rd
General Information
- Standard status
- Active
- Size
- 11,896 SF
- Property subtype
- RETAIL
Listing Agency:
RIPCO Real Estate | Tampa
(813) 921-5640
Listed By:
Ari Ravi · License #SL-3210827
(813) 921-5640
Source:
Moodyscre
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 23 at 6:06PM
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 | Tampa
Investment Insights
Based on property information with market context.
Jackson Springs Square is a fully occupied, 8-tenant NNN shopping center in Tampa, Florida. The property benefits from lease structures with annual rent escalations for six tenants, and most tenants include relocation clauses that provide the landlord additional control over the center’s configuration. With a 3.06 WALT, the tenant mix can be shaped in the near term. A meaningful portion of the GLA is occupied by destination-based medical tenants, totaling 42% of the center.
World of Learning recently expanded into Suite B and now occupies a total of 3,371 SF, reflecting long-term commitment to the site. The center has seen over $600,000 invested in capital improvements within the past three years, including parking lot upgrades, exterior painting, and landscaping.
The property is located near the signalized intersection of Hanley Rd and Jackson Springs Rd, on a stretch of Hanley Rd with 19,300 AADT. It is also less than a mile from the Veterans Expressway (104,088 AADT) and under 1.5 miles from Tampa International Airport (TPA).
World of Learning recently expanded into Suite B and now occupies a total of 3,371 SF, reflecting long-term commitment to the site. The center has seen over $600,000 invested in capital improvements within the past three years, including parking lot upgrades, exterior painting, and landscaping.
The property is located near the signalized intersection of Hanley Rd and Jackson Springs Rd, on a stretch of Hanley Rd with 19,300 AADT. It is also less than a mile from the Veterans Expressway (104,088 AADT) and under 1.5 miles from Tampa International Airport (TPA).
Key Highlights
- Jackson Springs Square is 100% occupied by 8 tenants on NNN leases, with six tenants featuring annual rent escalations
- 3.06 WALT with medical‑focused tenant mix: destination‑based medical tenants occupy 42% of the GLA
- World of Learning expanded into Suite B and occupies 3,371 SF, showing long‑term commitment to the site
Financial Insights For Retail
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 | $214.1k | $18.00 |
| − Vacancy | −$11.8k | −$0.99 |
| EGI | $202.4k | $17.01 |
| − OpEx | −$60.7k | −$5.10 |
| NOI | $141.6k | $11.91 |
11,896 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,646 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.77M
$2.43M – $3.23M
NOI $194,000 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
JSV Clinical Research ...
Research Institute
ABC World Learning ...
Vocational School
Tairi beauty salon
Nail Salon
Uptown Pup
Animal Training
Medical Exams of Tampa
Medical Clinic
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FAQs
What type of property is this?
Shopping center - Fully occupied NNN shopping center with 8 tenants and recurring annual rent escalations, supported by recent capital improvements.
Where is this shopping center located?
The property is located at 7345 Jackson Springs Rd Tampa, FL.
What is the asking price?
The asking price for this property is $2,888,000.
What are key features of this property?
This property features: Jackson Springs Square is 100% occupied by 8 tenants on NNN leases, with six tenants featuring annual rent escalations; 3.06 WALT with medical‑focused tenant mix: destination‑based medical tenants occupy 42% of the GLA; World of Learning expanded into Suite B and occupies 3,371 SF, showing long‑term commitment to the site
