TAMPA, FL 33612

Property

Ownership: Corporation
Type: Retail
Lot Size: 0.2 Acres

Financials

Price:$1,650,000
Annual Taxes:$11,490.56
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of CENTURY 21 J.W.MORTON R.E.

Located Directly across from the Busch Gardens main entrance, this high exposure two story commercial building totals 5, 242 SF 2, 121 SF Floor plus a 300 SF detached garage ...

Description

Located Directly across from the Busch Gardens main entrance, this high-exposure two-story commercial building totals 5,242 SF (2,121 SF/Floor) plus a 300 SF detached garage on 0.20 acres, featuring grandfathered, oversized signage you simply can’t recreate today. The site offers 13 onsite parking spaces, 70 feet of frontage on Busch Blvd (43,000 AADT) and 127 feet on Edman Place, with full east/west ingress and a built-in deceleration lane for seamless access. Located just two blocks from the N 40th St intersection (37,500 AADT), the property captures 80,500+ vehicles per day of combined exposure. Configured as a multi-tenant building but currently operated by a single user, the property delivers a strong 8.56% cap rate with upside through lease restructuring, rent adjustments, or full/partial owner-occupancy. Strategically positioned in the heart of Tampa/St. Petersburg MSA—now the 18th-largest and one of the fastest-growing in the U.S. this corridor benefits from exceptional connectivity to I-275, I-4, the Veterans Expressway (589), Downtown Tampa, Temple Terrace, the University submarket, and major employment centers all within a 15-minute drive. The trade area supports a population of 305,560+ residents, a median income of $53,400, and some of the region’s strongest consumer expenditure profiles—ideal for restaurant/QSR (with drive-thru), coffee, medical/professional office, retail, experiential, tourism-oriented, or service-based uses. With irreplaceable visibility, flexible configuration, and excellent fundamentals, this asset offers both a stable income stream and an exceptional long-term commercial foothold in one of Tampa’s highest-traffic destinations.

Amenities

  • Corner Lot

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.