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Busch Point Plaza 1010 E Busch Blvd

20,412 SF 100% Leased Retail Building Tampa, FL 33612 £2,660,330 (£130/SF) 6.99% Net Initial Yield

Investment Highlights

  • Diverse Tenant Mix: Includes a medical office, church, pharmacy, warehouse with distribution, and a baseball camp.
  • Ample Facilities: Features ample parking and multiple access points, with retail storefronts and warehouse spaces equipped with roll-up doors.
  • Steady Foot Traffic: Benefits from a location near major attractions and educational institutions, driving consistent visitor and customer flow.
  • Strategic Location: Situated off Interstate 275, close to the University of South Florida and Busch Gardens, ensuring high traffic and visibility.
  • Community-Focused: Home to long-standing tenants that have established strong ties within the local Tampa community.
  • Investment Stability: Offers stable, diversified income from well-established tenants, making it an appealing option for long-term investors.

Executive Summary

Presenting for acquisition, Busch Point Plaza — a diversified 20,412 +/- sq ft multitenant shopping center positioned on 1.35 +/- acres at 1010 E Busch Blvd, Tampa, FL. This property features a blend of retail and warehouse spaces, each equipped with roll-up doors and ample parking facilities, catering to a variety of business needs.
Located off Interstate 275, near the University of South Florida and Busch Gardens, Busch Point Plaza enjoys strategic placement that ensures consistent visibility and high foot traffic. The center is anchored by a mix of stable, community-focused tenants including a medical office, a church, a pharmacy, and a baseball camp, in addition to small distribution operations, highlighting its role as a community hub.
This investment is ideal for those seeking reliable returns from a mix of essential service providers and recreational businesses, or for an owner-operator looking to capitalize on a well-positioned asset in Tampa’s growing market. With long-term tenants and a location that supports steady consumer demand, Busch Point Plaza offers substantial potential for income and value growth.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,412 SF
Building Class
C
Year Built
1985
Price
£2,660,330
Price Per SF
£130
Net Initial Yield
6.99%
NOI
£185,986
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.34
Land Acres
1.36 AC
Opportunity Zone
Yes
Zoning
CI - Commercial, Intensive
Parking
100 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
277 ft on 10th St

Amenities

  • Pylon Sign
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-19-28-19-45D-000003-00006.1
Land Assessment
£639,055
Improvements Assessment
£1,227,867
Total Assessment
£1,866,922
  • Listing ID: 33805936

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 1010 E Busch Blvd, Tampa, FL 33612

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