Shopping Community
100% Occupied Retail Center | Below Market Rents | Tampa, FL
4005 W Gandy Blvd, Tampa, FL 33611
Listing Price: $3,675,000
Cap Rate
6.07%
Gross SF
16,827
Rentable SF
16,827
Price/Gross SF
$218.40
Lot Size
0.96 acres
Year Built
1974
Investment Overview
Marcus & Millichap is pleased to bring to market the Gandy Retail Center located in Tampa, FL.
Investment Highlights
- 16,000-SF Retail Strip Center | 100% Occupied By a Local Tenant Mix
- Short Term NNN Leases | Below Market Rents | Submarket Rents are $31/SF NNN
- Located Along a Dense Retail Corridor Within South Tampa | Strong Visibility Along Gandy Blvd and Selmon Expressway
- Situated Near Multiple National Tenants Including Walmart Supercenter, Publix, Target, Starbucks, Home Depot, Public Storage, Chick Fil A, McDonald's, UHaul and More
- Property Features Ample Parking With Rear Lot, Lighted Pylon Sign and Two Points of Ingress and Egress
- 0.3 Miles From Dale Mabry Hwy and FL-618/Selmon Expressway Interchange, Seeing 69,000 Combined Vehicles Per Day & 22,000 Vehicles Per Day Along Gandy Blvd
- Gandy Blvd is a Main Traffic Artery Connecting Downtown Tampa to St Petersburg Via the Gandy Bridge
- Strong Demographics: Population Exceeds 137,400 Within 5-Miles and is Projected to Increase by 2027 | Daytime Population Exceeds 231,800 | Average Household Incomes Exceed $133,200 Within 3-Miles
Exclusively Listed By
Financing By
Shopping Community
100% Occupied Retail Center | Below Market Rents | Tampa, FL
Listing Price: $3,675,000
Cap Rate
6.07%
Gross SF
16,827
Rentable SF
16,827
Price/Gross SF
$218.40
Lot Size
0.96 acres
Year Built
1974
Investment Highlights
- 16,000-SF Retail Strip Center | 100% Occupied By a Local Tenant Mix
- Short Term NNN Leases | Below Market Rents | Submarket Rents are $31/SF NNN
- Located Along a Dense Retail Corridor Within South Tampa | Strong Visibility Along Gandy Blvd and Selmon Expressway
- Situated Near Multiple National Tenants Including Walmart Supercenter, Publix, Target, Starbucks, Home Depot, Public Storage, Chick Fil A, McDonald's, UHaul and More
- Property Features Ample Parking With Rear Lot, Lighted Pylon Sign and Two Points of Ingress and Egress
- 0.3 Miles From Dale Mabry Hwy and FL-618/Selmon Expressway Interchange, Seeing 69,000 Combined Vehicles Per Day & 22,000 Vehicles Per Day Along Gandy Blvd
- Gandy Blvd is a Main Traffic Artery Connecting Downtown Tampa to St Petersburg Via the Gandy Bridge
- Strong Demographics: Population Exceeds 137,400 Within 5-Miles and is Projected to Increase by 2027 | Daytime Population Exceeds 231,800 | Average Household Incomes Exceed $133,200 Within 3-Miles
Investment Overview
Marcus & Millichap is pleased to bring to market the Gandy Retail Center located in Tampa, FL.