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2202 Bearss Ave 2,720 SF Retail Building Tampa, FL 33613 $2,800,000 ($1,029.41/SF) 9.86% Cap Rate



Executive Summary
An exceptional opportunity to acquire the fee simple interest in 2202 E Bearss Ave, a high-visibility Texaco gas station and convenience store located on a signalized hard corner in North Tampa just minutes from the University of South Florida and Interstate 275. Situated on approximately 0.77 acres within a busy grocery-anchored corridor shadowed by Walmart Supercenter, Target, and ALDI, the property benefits from exposure to over 44,600 vehicles per day along Bearss Avenue, a major commuter artery connecting residential North Tampa to the I-275 employment corridor. This is an Owner-User opportunity (not a NNN lease) offering strong in-place cash flow with significant upside potential. The business currently generates approximately $77,000 per month in inside sales at 40% margins and pumps roughly 65,000 gallons per month at an average $0.35 margin. The store has been recently renovated and features a new walk-in beer cave, upgraded equipment, modern finishes, and a fully built-out commercial kitchen with a 13-foot hood system, allowing for expansion of high-margin food service operations. Additional revenue growth can be achieved by implementing Lottery and EBT services, which are not currently in place. The sale also includes an active U-Haul dealership, providing a diversified income stream beyond fuel and retail sales. With five years remaining on the fuel supply agreement (Rack +1¢ with a $0.03 rebate) and a buyout option available, this turnkey asset offers operational flexibility and immediate value-add potential. Offered at $2,800,000, this property presents a compelling opportunity to acquire a renovated, high-volume essential retail business in one of Tampa’s most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,720 SF
Building Class
B
Year Built/Renovated
1988/2025
Price
$2,800,000
Price Per SF
$1,029.41
Cap Rate
9.86%
NOI
$276,000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Zoning
C-N, County - Commercial Neighborhood
Parking
8 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
188’ on Bearss Ave
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | U-05-28-19-ZZZ-000001-26080.0 | Improvements Assessment | $548,030 |
| Land Assessment | $510,770 | Total Assessment | $1,058,800 |
Property Taxes
Parcel Number
U-05-28-19-ZZZ-000001-26080.0
Land Assessment
$510,770
Improvements Assessment
$548,030
Total Assessment
$1,058,800
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2202 Bearss Ave
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