Historical Retail Sale Listing - Ivy Oaks Plaza

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Ivy Oaks Plaza

3300 N. Armenia Avenue, Tampa, FL 33607

N/A

7,905 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
7,905 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Commission Split:
3%
Cap Rate:
8.45%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2008
Lot Size:
0.65 AC
Parking Ratio:
4.68 / 1,000 SF
Listing ID
15840809
Last Updated
over 1 year ago

Highlights

  • New Construction
  • 8.45% Cap Rate
  • 11.70% annual return after debt service
  • NNN leases
  • National and Regional Credit Tenants
  • All Suites have excellent storefront visibility to busy Armenia Avenue

Description

Brand New 7,900 sf retail shopping center- excellent design & construction
This center incorporates the historic look and feel of the neighborhood with modern construction practices and efficiency. Close attention to detail both structurally and aesthetically makes this shopping center very attractive.

Building was 100% leased prior to completion of construction

Tenants - 5 year leases w/2 options, 3% rental income increase each year.

Historic West Tampa location-

Map of 3300 N. Armenia Avenue, Tampa, FL 33607 (Hillsborough County)

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Created 8/8/2008