Tampa Retail Power Center for Sale

$35,740,000.00
Sale
14353 Property ID
142,350 SqFt Size

Description

A prime Tampa Retail Center, a ±142,350 SF stabilized shopping destination in Tampa, FL. This fully occupied, multi-tenant property features eight tenants, including strong national brands such as Ashley Furniture, Floor & Decor, Dollar Tree, The Tile Shop, Tropical Smoothie, and T-Mobile. The center benefits from a solid tenant mix, long-term occupancy, and a healthy weighted average lease term that reflects commitment from established retailers.

Situated near major thoroughfares in Tampa, the property benefits from high daily traffic counts and exceptional visibility. Its location within the thriving Westshore Business District places it among more than 6,500 businesses and over 13 million SF of office space. Residents and visitors have convenient access to major local destinations such as Tampa International Airport, Raymond James Stadium, and several major shopping hubs.

This rare offering allows investors to secure a fully leased asset in a highly competitive market where opportunities of this caliber seldom appear. With strong tenancy, stable NOI, and an irreplaceable Tampa location, the property presents a compelling long-term investment.

Investment Highlights

Strong National & Credit Tenants

  • Six of eight tenants are national brands
  • 62.6% of GLA occupied by publicly traded companies
  • Ashley Furniture is the leading U.S. furniture retailer

Strategic Location

  • Positioned near major arterial roads in Tampa
  • Located in the Westshore Business District, the largest in West Florida
  • Close to Tampa International Airport, Raymond James Stadium, International Plaza, and more
  • Near major retailers such as Target, Best Buy, Walmart Supercenter, HomeGoods, REI, Whole Foods

100% Occupied, Stable Cash Flow

  • Fully leased center with eight tenants
  • Anchored by Ashley Furniture and Floor & Decor with junior anchors Dollar Tree and The Tile Shop
  • Six tenants with occupancy of eight years or more
  • Outparcel provides optional future disposition potential

Address

  • Address Tampa, FL
  • Country United States
  • Province/State
  • City/Town
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Overview

  • Property ID 14353
  • Price $35,740,000.00
  • Property Type ,
  • Property status
  • Year Built 1972
  • Size 142,350 SqFt
  • Investment Type Stabilized
  • Lease Type NNN
  • Tenant Credit Credit Rated
  • Tenancy Multi
  • Brand/Tenant Dollar Tree, Ashley Furniture, Floor & Decor, The Tile Shop
  • Number of Tenants 8
  • Lease Term 10 years
  • Occupancy 100%
  • NOI $2,374,184
  • Units 8
  • Zoning Commercial Intensive (CI)
  • Lot Size (acres) 11.13
  • Parking (spaces) 470
  • Broker Co-Op Yes
  • Ownership Fee Simple
  • Sub Type Shopping Center

Contact

Cynthia Hill

Property Agent

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