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8610 N Suwanee Ave
For Sale $1,250,000 ($183.90 per Sq Ft)
$1,250,000 ($183.90 per Sq Ft)
- Units
- 6,797 Sq Ft
- 15,273 Sq Ft
- Unknown Cap Rate
Description
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 - Available - 1,003 SF - $16.00 sf/yr NNN + CAM: $5.00 - Initial estimated monthly rent: $1,755 (includes base rate + CAM) plus applicable sales tax
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,250,000 |
| Property Type | Retail |
| Usable Sqft | 6,797 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1959 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A2428183EF00000600001.0 |
| MLS # | T3492077 |
| Property ID | 320486619 |
| Lot Sqft | 15,273 |
| Zoning | CI |
| Days on Market | 439 |
| Original List Price | $1,159,000 |
| Date Updated | February 17, 2025 |
| Date Created | December 14, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Michael Braccia, PA an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 17, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT