Press Releases
Marcus & Millichap Arranges Sale of Net-Leased Starbucks in Tampa
August 18, 2025
TAMPA, Fla., Aug. 18, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Starbucks, a net-leased property at 1300 S. Dale Mabry Highway, Tampa, Florida. The asset sold for $3,750,000.
“This transaction reflects the sustained demand for high-quality, net lease assets in Florida’s most competitive markets," said Darpan Patel, managing director investments at Marcus & Millichap’s Tampa office. Patel and Marcus & Millichap’s Bobby Gross and Dan Yozwiak represented the buyer in the transaction.
“With its prime location on one of Tampa’s busiest retail corridors and a corporate-backed lease, this Starbucks offered an exceptional blend of security and long-term value for the buyer," added Gross, director investments.
Built in 2018, the 2,405-square-foot asset sits on a 0.69-acre lot strategically located along one of Tampa’s most prominent retail corridors. The location serves an average household income exceeding $207,000 within one mile and is directly across from a top-performing Publix-anchored shopping center.
“This transaction reflects the sustained demand for high-quality, net lease assets in Florida’s most competitive markets," said Darpan Patel, managing director investments at Marcus & Millichap’s Tampa office. Patel and Marcus & Millichap’s Bobby Gross and Dan Yozwiak represented the buyer in the transaction.
“With its prime location on one of Tampa’s busiest retail corridors and a corporate-backed lease, this Starbucks offered an exceptional blend of security and long-term value for the buyer," added Gross, director investments.
Built in 2018, the 2,405-square-foot asset sits on a 0.69-acre lot strategically located along one of Tampa’s most prominent retail corridors. The location serves an average household income exceeding $207,000 within one mile and is directly across from a top-performing Publix-anchored shopping center.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
