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  4. 8610 Suwanee Avenue, TAMPA, FL 33604
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8610 Suwanee Avenue
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PRICED AT ONLY: $1,250,000

Address: 8610 Suwanee Avenue, TAMPA, FL 33604

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 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.

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  • MLS#: T3492077 ( Commercial Sale )
  • Street Address: 8610 Suwanee Avenue
  • Viewed: 2
  • Price: $1,250,000
  • Price sqft: $184
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 6797
  • Days On Market: 374

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 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 6797.00
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Parking Spaces - 19 to 30
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: County Road
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2022
Other Features
  • Country: US
  • Legal Description: IRVINTON HEIGHTS LOT BEG AT NE COR OF LOT 1 & RUN W 45.15 FT S 150 FT E 45.25 FT & N TO BEG & LOT 4 & ALLEY ABUTTING ON W AND LOT 10 LESS R/W BLOCK 6
  • Area Major: 33604 - Tampa / Sulphur Springs
  • Parcel Number: A-24-28-18-3EF-000006-00001.0
  • Zoning Code: CI
Nearby Subdivisions
Armenia Court   Avon Spgs   Bungalow Park East Rev Map   Casa Loma Sub   Evelyn City   Irvinton Heights   Oak Grove Sub   Sulphur Spgs Add   Temple Crest   Unplatted  
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