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301 N Rome Ave 6,524 SF 100% Leased 4-Star Retail Building Tampa, FL 33606 For Sale
INVESTMENT HIGHLIGHTS
- Strategically located within North Hyde Park within walking distance of The University of Tampa
- Below market rents with staggered lease terms
- Strong tenant mix
- Over 2,000 multifamily units within 0.5 mi radius
- Low maintenance center and NNN lease structure
EXECUTIVE SUMMARY
St. Croix Capital Realty Advisors is pleased to present an exceptional opportunity to acquire fee simple ownership of 301 N Rome, a fully leased retail center in the heart of North Hyde Park, within walking distance of The University of Tampa, directly in the path of growth and surrounded by thousands of residential units.
Completed in 2018, the property’s full occupancy, diverse tenancy, below market rents and staggered lease structure provide a unique opportunity to execute a mark-to-market strategy creating significant upside while also maintaining a lower risk profile. Featuring a prime location within a growing area this asset benefits from strong walkability and a wide reaching trade area.
Completed in 2018, the property’s full occupancy, diverse tenancy, below market rents and staggered lease structure provide a unique opportunity to execute a mark-to-market strategy creating significant upside while also maintaining a lower risk profile. Featuring a prime location within a growing area this asset benefits from strong walkability and a wide reaching trade area.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,524 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.24 AC
Zoning
Commercial - General Commercial
Parking
20 Spaces (11.5 Spaces per 1,000 SF Leased)
Frontage
274’ on North Rome Avenue
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,886,490 | |
| Land Assessment | $428,610 | Total Assessment | $3,315,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$428,610
Improvements Assessment
$2,886,490
Total Assessment
$3,315,100
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301 N Rome Ave
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