4121 Henderson Blvd Tampa, FL 33629-5749
This exceptional South Tampa storefront, located at 4121 Henderson Blvd, offers a compelling value-add opportunity. The 2,292 square foot property boasts 100% occupancy with two tenants on month-to-month leases, presenting immediate upside potential through lease renewals at market rates or attracting new tenants. The property sits on 0.16 acres and benefits from 50 feet of frontage along Henderson Blvd, a major thoroughfare connecting Tampa's central business district to affluent South Tampa neighborhoods. The General Commercial (CG) zoning allows for a wide range of uses. Strong demographics support the investment, with a 5-mile population of 192,421 and an average household income of $142,475. Nearby amenities include highly-rated schools (Plant High School, Dale Mabry Elementary, etc.), and major retailers such as Publix, Sprouts, and Fresh Market. The property's current pro-forma NOI is $67,222, yielding a 6.00% cap rate, and is offered at an asking price of $1,120,000. This represents a rare opportunity to acquire a well-located, multi-tenant retail property in a high-demand area with significant upside potential. The property's address is 4121 Henderson Blvd, Tampa, FL 33629. The Hillsborough County APN is A-28-29-18-3RG-000000-00006.0.
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Coast To Coast Insurance of Florida Insurance Agency
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Tampa, FLTampa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.