For Sale
$3,250,000

12807 Hillsborough AveTampa, FL 33635

High-income, fully leased retail center.

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • Fully leased, 15,033 SF retail plaza in high-growth Tampa, FL.
  • 100% occupancy with eight units, generating a $163,239 NOI (projected $215,048).
  • Prime location with high traffic counts, excellent demographics, and very high average household incomes.
  • Majority NNN leases with a remaining term of four years.
  • Asking price: $3,250,000, offering a 5.02% current cap rate and a 6.62% pro-forma cap rate.

Property Details for 12807 Hillsborough Ave

Property type
Lifestyle centers, Power centers
Square Feet
15,033 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
73,181 SF
Units
8

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.0297325
Longitude
-82.6376668
12807 Hillsborough Ave, Tampa, Florida
Leaflet | © OpenStreetMap contributors

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12807 Hillsborough Ave
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