2905 W Kennedy Blvd - Freestanding FOR SALE


Tampa, FL 33609- Armory Gardens
$3,500,000 USD
562-436-8888
2905 W Kennedy Blvd, Tampa, FL for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

2905 W Kennedy Blvd
Tampa, FL 33609
Armory Gardens


HIGHLIGHTS

  • Location, location, location. 37K average daily traffic. Close on main artery to downtown. Close to University and attractive restaurants.
  • Ample parking with easy entrance and exit. New TPO roof is very well insulated. New stucco and exterior paint. Three bathrooms.

OVERVIEW

Tall 20’ high ceilings. 26+ parking spaces. Rear of floor plan has a mezzanine. Three bathrooms I own the property and I leased it to the Tenant to operate a Gym franchise. They went broke and I evicted them. Now I have a vacant building. Monthly income was $13,500.00 when the tenant was there. $18K may be appropriate now? $125K cash down at the signing of the PSA. $25K non-refundable after 10 days of DD. $100K non-refundable after the total of 30 days DD. Close 30 days after DD. Or sooner. Did not flood during any of the recent weather events. New, very well insulated, roof with 9 more years, material and labor, warranty. Large cargo door with vehicle access to entire interior. Working rear alley for exit to both directions. (come in the front, exit to the rear.) The front large pylon sign is the brightest thing on the block. Cash only sale. Buyer splits 50/50 escrow fees including the Florida doc stamp fee. Large cargo door on side of building. Large LED illuminated Prominent pylon sign at curb. Rear alley for ingress and exit in both directions. Bright LED exterior lighting on all exterior walls. Outside has new stucco finish and new paint. Prime area. Heavy Kennedy Blvd traffic. (37K+ aadt?) This is still a work in progress but should be completed soon. New TPO roof with a 10year material and labor warranty. This building did not flood during the last two hurricanes. (The streets did.)

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$556 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Anytime Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Distribution, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CG, Tampa

APN/PARCEL ID

A-22-29-18-3OA-000036-00017.0

ASK ABOUT THIS PROPERTY

Roy MoyerRoy MoyerMore Info
562-436-8888

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Roy MoyerRoy MoyerMore Info
562-436-8888

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