2202 Bearss Ave - Convenience Store FOR SALE


Tampa, FL 33613- Tampa Palms
$2,800,000 USD
407-202-1248
2202 Bearss Ave, Tampa, FL for Sale
$2,800,000 USD
Convenience Store - FOR SALE
1/23
null | 9.86% Cap Rate

2202 Bearss Ave
Tampa, FL 33613
Tampa Palms


OVERVIEW

An exceptional opportunity to acquire the fee simple interest in 2202 E Bearss Ave, a high-visibility Texaco gas station and convenience store located on a signalized hard corner in North Tampa just minutes from the University of South Florida and Interstate 275. Situated on approximately 0.77 acres within a busy grocery-anchored corridor shadowed by Walmart Supercenter, Target, and ALDI, the property benefits from exposure to over 44,600 vehicles per day along Bearss Avenue, a major commuter artery connecting residential North Tampa to the I-275 employment corridor. This is an Owner-User opportunity (not a NNN lease) offering strong in-place cash flow with significant upside potential. The business currently generates approximately $77,000 per month in inside sales at 40% margins and pumps roughly 65,000 gallons per month at an average $0.35 margin. The store has been recently renovated and features a new walk-in beer cave, upgraded equipment, modern finishes, and a fully built-out commercial kitchen with a 13-foot hood system, allowing for expansion of high-margin food service operations. Additional revenue growth can be achieved by implementing Lottery and EBT services, which are not currently in place. The sale also includes an active U-Haul dealership, providing a diversified income stream beyond fuel and retail sales. With five years remaining on the fuel supply agreement (Rack +1¢ with a $0.03 rebate) and a buyout option available, this turnkey asset offers operational flexibility and immediate value-add potential. Offered at $2,800,000, this property presents a compelling opportunity to acquire a renovated, high-volume essential retail business in one of Tampa’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,029 USD /SF

CAP RATE

9.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C-N, County

APN/PARCEL ID

U-05-28-19-ZZZ-000001-26080.0

ASK ABOUT THIS PROPERTY

Noor MasriLa Rosa Commercial Real EstateMore Info
407-202-1248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Noor MasriLa Rosa Commercial Real EstateMore Info
407-202-1248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.