$995,000
Active
6 Days Online
0 Beds0 Baths3,816 SQFT
Active

6516 N 40th Street Tampa, FL 33610

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Discover an unparalleled investment opportunity in the heart of Tampa with this stabilized neighborhood retail center, boasting an impressive cap rate of 9+ cap rate. This meticulously maintained property features a spacious 5, 384 square foot building, divided into five retail suites, each individually metered and sub-metered for optimal efficiency. Recently renovated in 2023, the center showcases modern finishes and a vibrant atmosphere, making it an appealing destination for local shoppers. With zoning designated for CG retail use, the property offers flexibility for a variety of businesses, ensuring continued tenant satisfaction and retention. The center is fully occupied under a triple net lease, providing a reliable income stream with minimal management responsibilities. In addition to the retail spaces, the property features an outdoor billboard, offering an additional revenue source and heightened visibility for tenants. Situated in a thriving neighborhood with strong foot traffic and a growing demographic, this retail center is not just a purchase—it's an investment in the future. Don't miss out on this exceptional opportunity to acquire a prime piece of Tampa real estate that combines solid returns with growth potential. Contact us today for more details!

  • Property TypeCommercial
  • NeighborhoodRiver Grove Estates Add
  • CountyHillsborough
  • Taxes$6,609
  • HOA/Condo/Coop Fees$0
  • Days on Site5 Days
  • MLS StatusActive
  • MLS ID NumberTB8308683
  • Home Size Source Appraiser
  • Year Built1959
  • Lot Size0.55 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Sewer Public Sewer
  • Number of Stories 1
  • Acreage 0.55
  • Water Public
  • Property Sub Type Retail
  • Foundation Slab
  • Zoning CG
  • Ownership Corporation
  • Parcel Number A-33-28-19-47N-000011-00049.0

Interior Features

  • Cooling Central AirMini- Split Unit(s)
  • Flooring Luxury Vinyl

Exterior Features

  • Waterfront Property No
  • Road Frontage City Street

Community Features

  • Township 28
  • MLS Area 33610 - Tampa / East Lake

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Monthly Payment (Est.)

$4,834
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