Active
6516 N 40TH ST
TAMPA FL, 33610
$995,000
$260.74 per sqft
Active
3,816 sqft
Commercial
Built in 1959
Discover an unparalleled investment opportunity in the heart of Tampa with this stabilized neighborhood retail center, boasting an impressive cap rate of 9+ cap rate. This meticulously maintained property features a spacious 5,384 square foot building, divided into five retail suites, each individually metered and sub-metered for optimal efficiency.
Recently renovated in 2023, the center showcases modern finishes and a vibrant atmosphere, making it an appealing destination for local shoppers. With zoning designated for CG retail use, the property offers flexibility for a variety of businesses, ensuring continued tenant satisfaction and retention.
The center is fully occupied under a triple net lease, providing a reliable income stream with minimal management responsibilities. In addition to the retail spaces, the property features an outdoor billboard, offering an additional revenue source and heightened visibility for tenants.
Situated in a thriving neighborhood with strong foot traffic and a growing demographic, this retail center is not just a purchase--it's an investment in the future. Don't miss out on this exceptional opportunity to acquire a prime piece of Tampa real estate that combines solid returns with growth potential. Contact us today for more details!
TB8308683
MLSⓇ ID
October 1, 2024
Listed
October 3, 2024
Updated
Map
6516 N 40TH ST
TAMPA FL, 33610
Interior Features
Total Stories
1
Floor Description
Luxury Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Mini-Split Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.55 Acres
Sewer
Public Sewer
Other Property Details
Area Name
33610 - Tampa / East Lake
Taxes
$6,609
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Hillsborough
Municipality
28
Water Source
Public
Pool
No
Zoning
CG
Listed by A P REAL ESTATE COMPANY
Listing Contact: 813-629-0997
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Data last updated 10/3/2024, 11:21 PM UTC