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8610 N SUWANEE AVENUE

Tampa, Florida, 33604, United States

Property ID: #1621624 // Commercial // Source Status: Active
8610 N SUWANEE AVENUE
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Traditional Sale
List Price:
$1,250,000.00
Icon 6,797 ft²
Icon 0.35 acres
Icon - beds
Icon - baths
Address:
8610 N SUWANEE AVENUE
City:
Tampa
State:
Florida
Zip Code:
33604
County:
Hillsborough
Subdivision:
IRVINTON HEIGHTS
Country:
United States
Property Type:
Commercial
Additional Property Types:
Retail
Year Built:
1959
Property Size:
6,797 ft²
Lot Size:
0.35 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
T3492077
Source Status:
Active
Source Property Type:
Commercial, Retail

Property Provided By

  • Michael Braccia, PA
  • BAY STREET COMMERCIAL LLC
  • +1 (813) 625-2375

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Directions

I-275 S (SR-93) toward St Petersburg, take Exit 50 onto SR-580 W (E Busch Blvd), 0.53 miles, turn left onto N Florida Ave (US-41-BR), 0.27 miles, turn left onto E Yukon St, 0.05 miles, turn right onto N Suwanee Ave, 0.04 miles, turn right, 0.01 miles to property.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 Stellar MLS. All Rights Reserved.
Courtesy of BAY STREET COMMERCIAL LLC admin@baystreetcommercial.com
IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of 2024-10-03 13:19:22. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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