Prime Two-Story Commercial Corner 3601 E Busch Blvd 5,242 SF Vacant Retail Building Tampa, FL 33612 $1,500,000 ($286.15/SF) 8.70% Cap Rate

Located Directly across from the Busch Gardens main entrance, this high-exposure two-story commercial building totals 5,242 SF (2,121 SF/Floor) plus a 300 SF detached garage on 0.20 acres, featuring grandfathered, oversized signage you simply can’t recreate today. The site offers 13 onsite parking spaces, 70 feet of frontage on Busch Blvd (43,000 AADT) and 127 feet on Edman Place, with full east/west ingress and a built-in deceleration lane for seamless access. Located just two blocks from the N 40th St intersection (37,500 AADT), the property captures 80,500+ vehicles per day of combined exposure.
Configured as a multi-tenant building but currently operated by a single user, the property delivers a strong 8.56% cap rate with upside through lease restructuring, rent adjustments, or full/partial owner-occupancy. Strategically positioned in the heart of Tampa/St. Petersburg MSA—now the 18th-largest and one of the fastest-growing in the U.S. this corridor benefits from exceptional connectivity to I-275, I-4, the Veterans Expressway (589), Downtown Tampa, Temple Terrace, the University submarket, and major employment centers all within a 15-minute drive.
The trade area supports a population of 305,560+ residents, a median income of $53,400, and some of the region’s strongest consumer expenditure profiles—ideal for restaurant/QSR (with drive-thru), coffee, medical/professional office, retail, experiential, tourism-oriented, or service-based uses. With irreplaceable visibility, flexible configuration, and excellent fundamentals, this asset offers both a stable income stream and an exceptional long-term commercial foothold in one of Tampa’s highest-traffic destinations.
Unmatched Highway & Regional Connectivity: This corridor is one of Tampa’s most strategically linked commercial arteries. Busch Blvd (US-580) functions as a direct connector between:
-I-275 (5 minutes west) – the spine of the Tampa Bay region with direct access to Downtown Tampa, Tampa International Airport, South Tampa, and St. Petersburg.
-I-75 (12 minutes east) – providing arterial access to Wesley Chapel, Pasco County, Sarasota, and the state’s core logistics/industrial spine.
-I-4 (8 minutes south) – Florida’s primary east–west freeway tying Tampa to Orlando, Lakeland, and the entire Central Florida distribution corridor.
-Veterans Expressway / SR 589 (15 minutes west) – linking the property to the affluent Carrollwood, Citrus Park, and Westchase submarkets, and northward toward rapidly growing Hernando County.
This strategic interconnection puts the property within 15–20 minutes of every major population and job node in the Tampa/St. Petersburg MSA.
At the Heart of One of America’s Fastest-Growing MSAs -The Tampa–St. Petersburg MSA is the 18th largest in the U.S., with:
-3.3+ million residents
-Steady 2–3% annual population growth
-Significant inward migration from high-density metros
-A rapidly expanding commercial base driven by medical, tech, hospitality, education, and logistics sectors
Within a 15-minute drive radius of the subject property:
Population: 305,560+ residents and rising
Median Household Income: $53,400
Workforce: heavily concentrated in healthcare, education, operations, hospitality, and tourism
Tourism Traffic: Busch Gardens and Adventure Island collectively generate 4+ million annual visitors
Dominant Traffic Exposure – 80,500 Vehicles Per Day - The property pulls from two primary corridors:
-Busch Blvd (US-580) – 43,000 AADT
-N 40th Street – 37,500 AADT
-Combined daily circulation: 80,500+
This makes it one of the highest-exposure corners in North Tampa, benefiting from:
-Constant tourism traffic entering/exiting Busch Gardens
-Heavy commuter flow between I-275, I-4, and US-41
-University of South Florida (50k students + staff) movement
-Dense local residential and workforce mobility in the Temple Terrace and North Tampa districts.
Surrounding Economic & Institutional Anchors - Within minutes you have:
-Busch Gardens + Adventure Island (major tourism engine)
-University of South Florida (USF) – 50,000+ students; Tier-1 research hub
-Moffitt Cancer Center – one of the nation’s leading cancer research institutions
-VA Hospital, AdventHealth, and USF Health medical cluster
-North Tampa tourism, hospitality, and entertainment corridor
-Dense multifamily and workforce housing zones
This ecosystem provides one of the highest sustained daytime populations in Tampa.
Ideal Uses Supported by Consumer Expenditure Data
Strong area spending supports expansions in:
-QSR / drive-thru concepts
-Sit-down restaurants
-Coffee / beverage
-Medical or dental office
-Professional services
-Tourism-adjacent retail
-Experiential and entertainment
Demand profiles in the trade area significantly outperform national averages in dining, entertainment, convenience retail, and personal services.