For Sale
$2,625,000

1727 Busch Blvd Tampa, FL 33612

Family Dollar anchored shopping center

Overview

Added:
Dec 11, 2024
Days on market:
127

Highlights

  • 1727 Busch Blvd, Tampa, FL 33612: Price reduced; $2,625,000 asking price (below recent appraised value). 7.9% pro forma cap rate, $208,283 pro forma NOI.
  • 16,500 SF retail center on a 1.36-acre lot, built in 2005. 76 parking spaces (4.6/1000 SF ratio). High-traffic location (45,000 cars/day) near Busch Gardens.
  • Two national/regional tenants (Family Dollar and Happy's Rentals) under NNN leases with rent bumps. 4,125 SF of available space (former Amscot), subdividable into two 2,000 SF units.
  • CI (Commercial Intensive) zoning, Light Industrial future land use designation. Base rents in line with market rates. Includes a large pylon sign. Parcel number: A-19-28-19-ZZZ-000005-60270.1.
  • Fee simple ownership.

Property Details for 1727 Busch Blvd

Property type
Lifestyle centers, Power centers
Square Feet
16,500 SF
Year Built
2005
Stories
1
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.03232056
Longitude
-82.43915925
1727 Busch Blvd, Tampa, Florida
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Lifestyle center - Family Dollar anchored shopping center
Where is the lifestyle center located?
The property is located at 1727 Busch Blvd Tampa, FL.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: 1727 Busch Blvd, Tampa, FL 33612: Price reduced; $2,625,000 asking price (below recent appraised value). 7.9% pro forma cap rate, $208,283 pro forma NOI.; 16,500 SF retail center on a 1.36-acre lot, built in 2005. 76 parking spaces (4.6/1000 SF ratio). High-traffic location (45,000 cars/day) near Busch Gardens.; Two national/regional tenants (Family Dollar and Happy's Rentals) under NNN leases with rent bumps. 4,125 SF of available space (former Amscot), subdividable into two 2,000 SF units.
How can I contact the broker?
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1727 Busch Blvd
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