2920 Busch Blvd Tampa, FL 33612-8732
Property profile & analytics
2920 Busch Blvd, Tampa, FL 33612-8732
- Strip malls
- 8,708 SF
- 0.92 lot acres
Property ID
US18-3871421
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
Property Details for 2920 Busch Blvd
- Year built
- 2018
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.92 lot acres
- Zone code
- CG
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- A202819461000000000090
- APU
- A202819461000000000090
Description
This Tampa, Florida shopping center presents a compelling investment opportunity. Located at 2920 E Busch Blvd, this 8,120 square foot, fee-simple property boasts a 100% occupancy rate with four established tenants: Trulieve, Go to Brazil's Waxing, Fantasy Liquor, and Cricket Wireless. Built in 2018, the center benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities and ensuring stable returns. The property sits on a 43,221 square foot lot and enjoys a prime location directly across from Busch Gardens, attracting over 4 million annual visitors, and less than a mile from the University of South Florida (USF), serving 60,000 students. This high-traffic area sees over 100,000 vehicles daily, creating a diverse consumer base for the tenants. The property's strong tenant mix, combined with a Net Operating Income (NOI) of $264,779 and a 6.50% cap rate, makes it an exceptional stabilized investment. Rent bumps are included in the lease agreements. The permitted zoning is CG. The net rentable square footage is 7,993 square feet. The asking price is $4,073,553.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,985,000
- 6.5%
- $1,835,000
- 7%
- $1,700,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,265,000 Current use
- MEDICAL BUILDING
- $2,355,000 Change: +4% Conversion: Difficult
- RETAIL STORES
- $1,935,000 Change: -15% Conversion: Easy
- OFFICE BUILDING
- $1,835,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4269
- Latitude
- 28.0329
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,288
$650,711
$1,878,389
$2,529,100
-
$650,711
$1,878,389
$2,529,100
