418 N Dale Mabry Hwy - Freestanding FOR SALE


Tampa, FL 33609- North Bon Air
$6,600,000 USD
813-235-5685
418 N Dale Mabry Hwy, Tampa, FL for Sale
$6,600,000 USD
Freestanding - FOR SALE
1/15
null | 5.95% Cap Rate

418 N Dale Mabry Hwy
Tampa, FL 33609
North Bon Air


HIGHLIGHTS

  • Stabilized NNN opportunity with minimal landlord responsibilities
  • Trophy location on highly traveled retail corridor with strong demographics
  • Established tenants with strong guarantees
  • Fully renovated site with new roof, parking, and facade

OVERVIEW

South Cedar Real Estate is pleased to present the sale of a newly repositioned NNN retail asset located at 418 N. Dale Mabry Highway in Tampa, Florida. This property has recently undergone a comprehensive exterior and site transformation, creating a modernized retail investment positioned for long-term performance along one of Tampa’s most heavily traveled corridors, benefiting from traffic counts exceeding 46,000 vehicles per day. Recent capital improvements include a complete façade renovation, new roof installation, stucco restoration, new awnings, upgraded landscaping, an updated monument sign with LED lighting, and the repaving of both parking lots. Additional site enhancements include the creation of new parking spaces within the right-of-way and the installation of a concrete slab over the existing retention pond, significantly improving the functionality and usability of the property. The asset is currently occupied by two tenants, Divers Direct and Encore Imaging, both operating under NNN lease structures that provide stable in-place income with minimal landlord responsibilities. The recent renovations and tenant occupancy position the property as a stabilized, low-management investment opportunity within a highly visible and well-trafficked retail corridor. Strategically located along North Dale Mabry Highway, the property benefits from exceptional accessibility, strong surrounding demographics, and proximity to a dense concentration of retail, dining, and residential development. This offering presents investors with the opportunity to acquire a fully repositioned retail asset in one of Tampa’s most established commercial corridors, with continued long-term upside and durable tenant demand.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$508 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

CROSS STREETS

W Carmen St

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

PD

APN/PARCEL ID

A-21-29-18-3LG-000020-00007.0

ASK ABOUT THIS PROPERTY

Greg WilkersonSouth Cedar Real Estate, Inc.More Info
813-235-5685

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Greg WilkersonSouth Cedar Real Estate, Inc.More Info
813-235-5685

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