For Sale
$4,073,553

2920 Busch BlvdTampa, FL 33612

Tampa Shopping Center - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
This Tampa, Florida shopping center presents a compelling investment opportunity. Located at 2920 E Busch Blvd, this 8,120 square foot, fee-simple property boasts a 100% occupancy rate with four established tenants: Trulieve, Go to Brazil's Waxing, Fantasy Liquor, and Cricket Wireless. Built in 2018, the center benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities and ensuring stable returns. The property sits on a 43,221 square foot lot and enjoys a prime location directly across from Busch Gardens, attracting over 4 million annual visitors, and less than a mile from the University of South Florida (USF), serving 60,000 students. This high-traffic area sees over 100,000 vehicles daily, creating a diverse consumer base for the tenants. The property's strong tenant mix, combined with a Net Operating Income (NOI) of $264,779 and a 6.50% cap rate, makes it an exceptional stabilized investment. Rent bumps are included in the lease agreements. The permitted zoning is CG. The net rentable square footage is 7,993 square feet. The asking price is $4,073,553.

Highlights

  • Triple-net (NNN) lease with minimal landlord responsibilities.
  • Excellent location across from Busch Gardens and near USF.
  • High-traffic area with 100,000+ vehicles daily.
  • Diverse customer base including tourists, students, and locals.
  • $264,000 annual Net Operating Income (NOI).
  • Strong tenant mix including Trulieve, Fantasy Liquor, Go to Brazil Waxing Center, and Cricket.

Property Details for 2920 Busch Blvd

Property type
Lifestyle centers, Power centers
Square Feet
8,120 SF
Year Built
2018

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.032793268431
Longitude
-82.426965144265
2920 Busch Blvd, Tampa, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2920 Busch Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message