8610 N SUWANEE AVENUE at

8610 N SUWANEE AVENUE

For sale Days on market 734

$1,250,000

$184/sq ft

$91,000
Price Increased

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Overview

Year Built

1959

Sqft

6797

Property Type

Retail

Property Description

This recently renovated 6,797 SF retail strip center has two spaces available for lease and 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 - 1,204 SF - Leased to mattress store (through 1/31/29) 8605B Florida - 1,003 SF - Leased to Verbo Da Vida Church (through 3/31/27) 8606 - 539 SF - AVAILABLE at $25.00 NNN 8608 - 881 SF - Leased to retail thrift store (through 8/31/26) 8610 Suwanee - 1,458 SF - Leased to hair salon (through 5/31/28) 8612 & 8614 Suwanee - 1,712 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: 9.06% Available for Sale: $1,250,000 Also Available for Lease: Suite 8606 - 539 SF - $25.00 sf/yr NNN + CAM: $5.42 - Initial estimated monthly rent: $1,366 (base rate + CAM) plus sales tax Located in Tampa next to N. Florida Avenue and west of I-275, offering easy access to surrounding areas.

Property Details

MLS#

T3492077

Total Floor in Bldg

Address

8610 SUWANEE N

City

Tampa

State/county

Zip/Postal Code

33604

Area

Irvinton Heights

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,280

Maint Fee

$--

Tax Year

2022

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