This property is Off-Market
3300 N. Armenia Avenue
Tampa, FL 33607 ·
7,905 SF · Retail For Sale
Ivy Oaks Plaza
|Gross Leasable Area||7,905 SF||No. Stories||1|
|Property Sub-type||Strip Center||Year Built||2008|
|Property Use Type||Net Lease Investment with 5 years left on lease||Lot Size||0.65 AC|
|Commission Split||3%||Parking Ratio||4.68 / 1,000 SF|
|Listing ID: 15840809||Date Created: 08/08/2008||Last Updated: 04/02/2010|
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-
- 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
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