8610 N Suwanee AvenueTampa, FL 33604Price: $1,250,000

  • Price: $1,250,000
  • 359 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,250,000List Price
  • 0.35Acreage
  • 6,797Square Feet

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This recently renovated and fully leased 6,797 SF retail strip center is located on a 15,272 SF Commercial Intensive zoned lot with 30 parking spaces and is a stabilized investment ready for a new owner looking for passive income. This opportunity enjoys busy Florida Avenue frontage directly next to one of the more active Home Depot locations in Tampa and this stretch of Florida Avenue has a traffic count in excess of 25,000 VPD. The building is currently demised into 6 separate suites ranging in size from 539 SF to 1712 SF. Current Tenants include: 8605A Florida - 1204 SF - Occupied by mattress store (through January 2029) 8605B Florida - 1003 SF - Occupied by Iglesias Pentacostal (through 2025) 8606 (539 SF) & 8608 (881 SF) Suwanee - Leased to Ashe II Botanica (through 7/31/27) 8610 Suwanee - 1458 SF - Leased to arcade (through 4/30/25) 8612 & 8614 Suwanee - 1712 SF - Leased to auto dealer (through 4/30/27) Lease rates escalate annual and upside potential for increased rates as leases expire or renew. Current Cap Rate: 8.26% Located in Tampa next to N. Florida Avenue and west of I-275, offering easy access to surrounding areas.

Property Details of 8610 N Suwanee Avenue

Property Details

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Listed by BAY STREET COMMERCIAL LLC

Based on information submitted to StellarMLS as of December 6, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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