2920 Busch Blvd Tampa, FL 33612-8732
- Strip malls
- 8,708 SF
- 0.92 lot acres
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Cell Phone Store
Property Details for 2920 Busch Blvd
- Year built
- 2018
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.92 lot acres
- Property size
- 8,708 SF
- Zone code
- CG
- Property type
- Strip malls
- Property subtype
- Neighborhood 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
