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    3642 Gandy Blvd Tampa, FL 33611

    Sponsored
    For Lease
    Contact for pricing

    High-Yield Retail Investment Opportunity

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 12,000 square foot retail property, located at 3642 West Gandy Boulevard in Tampa, Florida, presents a compelling investment opportunity. Situated on a 1.39-acre lot in Hillsborough County (zip code 33611), this center boasts a prime location directly across from a Publix, Super Target, and Starbucks, with a Wawa nearby. The property is currently 100% occupied with multiple tenants across four suites, generating a gross annual income of $250,000. The building's design allows for direct access, a significant advantage facilitated by Hillsborough County approved plans. Multiple access points currently exist, enhancing convenience and visibility. This highly desirable location on Gandy Boulevard avoids the challenges of overpass sites, ensuring optimal accessibility for customers. Existing retention systems are in place. The property's strong tenant occupancy and strategic location make it an attractive investment for those seeking a stable, high-return retail asset in a thriving Tampa market. This is a rare opportunity to acquire a well-established, income-producing retail center in a high-traffic area.

    Property Features for 3642 Gandy Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    12,000 SF

    HighLights

    • Fully leased 12,000 square foot retail building.
    • Prime redevelopment opportunity.
    • Suitable for multiple tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    massage vigor Massage Spa Casa Mexicana Bar ... Mexican Restaurant Phantom Fireworks of Tampa ... Fireworks Store Bliss Nail Salon ... Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5039957
    Latitude
    27.8931335

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    FAQs

    What type of property is this?
    Individual retail property - High-Yield Retail Investment Opportunity
    Where is this individual retail property located?
    The property is located at 3642 Gandy Blvd Tampa, FL.
    What are key features of this property?
    This property features: Fully leased 12,000 square foot retail building.; Prime redevelopment opportunity.; Suitable for multiple tenants.
    Request Owner's contact information
    3642 Gandy Blvd Tampa, FL 33611
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    Tampa, FL 33611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3642 Gandy Blvd Tampa, FL 33611
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