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1535 E 7th Ave 7,114 SF Retail Building Tampa, FL 33605 $6,950,000 ($976.95/SF)
Investment Highlights
- High pedestrian traffic
- 7 Eleven (anchor) tenant occupying ground floor (10 year lease)
- Comes with two vacant lots for parking in rear
- Situated in a QOZ and qualified HUBZone
- Redevelopment 2nd floor and add Rooftop bar
Executive Summary
Florida Commercial Group presents a fantastic 7th Avenue purchase opportunity on the main drag of bustling Ybor City. This property offers limitless opportunities for a new owner seeking value-add real estate with a long-term multi-national anchor tenant.
This purchase will include a 2-story- 7,114 SF building directly on 7th Avenue, 2 nearby parking lots one block south of the site on 16th Street and 6th & 5th Avenues- a rare find in Ybor City :: A modernized historic building that may be renovated to feature 2nd and 3rd story office/ retail :: Roof top bar or eatery may also be built out for additional income :: Current 7-Eleven tenant is on a 10 year NNN lease, call Broker for additional lease details :: Highest and Best Use: Convenience store with second story residential/ creative space, professional office, retail and or restaurant with balcony/ terrace :: Artists, Professionals or Consultants can do well here as occupying tenants :: Located at the intersection of 7th Avenue and 16th Street :: Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other major travel arteries :: Property sits 1 block south of the trolley line and is in walking distance of the Centro Ybor Trolley Station (#2) on 8th Avenue :: This area is exploding with brand new Commercial, Retail and Residential growth and is surrounded by countless development and redevelopment projects :: Neighboring businesses include: Hotel Haya, Hampton Inn and Suites, Centro Ybor, Hillsborough Community College, Ybor City Tap House, Truist Bank, Gasworx, Casa Marti, Casa Gomez, Casa Pedroso, Casa Bomberos, Tampa Bay Sun FC practice field and others etc… :: High-energy business and retail district that is frequented by local and regional visitors- a great place to invest, relocate or expand your business. Call today for additional property details.
This purchase will include a 2-story- 7,114 SF building directly on 7th Avenue, 2 nearby parking lots one block south of the site on 16th Street and 6th & 5th Avenues- a rare find in Ybor City :: A modernized historic building that may be renovated to feature 2nd and 3rd story office/ retail :: Roof top bar or eatery may also be built out for additional income :: Current 7-Eleven tenant is on a 10 year NNN lease, call Broker for additional lease details :: Highest and Best Use: Convenience store with second story residential/ creative space, professional office, retail and or restaurant with balcony/ terrace :: Artists, Professionals or Consultants can do well here as occupying tenants :: Located at the intersection of 7th Avenue and 16th Street :: Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other major travel arteries :: Property sits 1 block south of the trolley line and is in walking distance of the Centro Ybor Trolley Station (#2) on 8th Avenue :: This area is exploding with brand new Commercial, Retail and Residential growth and is surrounded by countless development and redevelopment projects :: Neighboring businesses include: Hotel Haya, Hampton Inn and Suites, Centro Ybor, Hillsborough Community College, Ybor City Tap House, Truist Bank, Gasworx, Casa Marti, Casa Gomez, Casa Pedroso, Casa Bomberos, Tampa Bay Sun FC practice field and others etc… :: High-energy business and retail district that is frequented by local and regional visitors- a great place to invest, relocate or expand your business. Call today for additional property details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,114 SF
Building Class
C
Year Built
1908
Price
$6,950,000
Price Per SF
$976.95
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.81
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
YC-1 - Central Commercial Core
Parking
10 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jun 2024
7-Eleven began in 1927 as an ice vendor in Dallas, Texas called Southland Ice Company. It eventually started selling food items like bread, milk, and eggs, which led to the first convenience stores. The name changed to 7-Eleven in 1946 to reflect the extended hours from 7 am to 11 pm. 7-Eleven grew rapidly in the following decades, pioneering ideas like 24/7 stores and to-go coffee. While it started in the US, it now has a significant global presence with stores in many countries. The stores sell a variety of products including snacks, beverages, prepared foods, and gasoline.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Jun 2024 |
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | A-18-29-19-50N-000046-00001.0 | Improvements Assessment | $792,800 |
| Land Assessment | $181,500 | Total Assessment | $974,300 |
Property Taxes
Parcel Number
A-18-29-19-50N-000046-00001.0
Land Assessment
$181,500
Improvements Assessment
$792,800
Total Assessment
$974,300
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1535 E 7th Ave
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