8610 N Suwanee Ave Tampa, FL 33604

7,961 SF 0.35 ac lot Built 1959

Entity Owned 2-yr Hold Free & Clear

Property ID

US18-4265736

$16,392/Mo 6,797 SF available

8610 N Suwanee Ave, Tampa, FL 33604
View Listing →

Google Maps

This fully leased, 6,797 sq ft Tampa retail strip center presents a compelling investment opportunity. Located on a 15,272 sq ft lot with 30 parking spaces and a Commercial Intensive (CI) zoning designation, the property boasts high visibility on N. Florida Avenue, directly adjacent to a busy Home Depot. Recently renovated in 2023, the single-story building features six separate suites ranging from 539 to 1712 sq ft, currently occupied by a diverse mix of tenants under leases with varying expiration dates. These include a mattress store (through January 2029), a Pentecostal church (through 2025), a botanical shop (through 7/31/27), an arcade (through 4/30/25), and an auto dealer (through 4/30/27). Annual lease escalations provide built-in income growth, and the property's prime location on a high-traffic thoroughfare (over 25,000 vehicles per day) ensures strong tenant demand and future rental rate upside. Built in 1959, the property offers an 8.26% current cap rate, making it an attractive addition to any investment portfolio. The convenient location near I-275 provides easy access to surrounding areas. Asking price is $1,250,000.