Busch Point Plaza | 1010 E Busch Blvd
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Busch Point Plaza 1010 E Busch Blvd
20,412 SF 100% Leased Retail Building Tampa, FL 33612 $3,400,000 ($167/SF) 6.99% Cap Rate
Investment Highlights
- Diverse Tenant Mix: Includes a medical office, church, pharmacy, warehouse with distribution, and a baseball camp.
- Ample Facilities: Features ample parking and multiple access points, with retail storefronts and warehouse spaces equipped with roll-up doors.
- Steady Foot Traffic: Benefits from a location near major attractions and educational institutions, driving consistent visitor and customer flow.
- Strategic Location: Situated off Interstate 275, close to the University of South Florida and Busch Gardens, ensuring high traffic and visibility.
- Community-Focused: Home to long-standing tenants that have established strong ties within the local Tampa community.
- Investment Stability: Offers stable, diversified income from well-established tenants, making it an appealing option for long-term investors.
Executive Summary
Presenting for acquisition, Busch Point Plaza — a diversified 20,412 +/- sq ft multitenant shopping center positioned on 1.35 +/- acres at 1010 E Busch Blvd, Tampa, FL. This property features a blend of retail and warehouse spaces, each equipped with roll-up doors and ample parking facilities, catering to a variety of business needs.
Located off Interstate 275, near the University of South Florida and Busch Gardens, Busch Point Plaza enjoys strategic placement that ensures consistent visibility and high foot traffic. The center is anchored by a mix of stable, community-focused tenants including a medical office, a church, a pharmacy, and a baseball camp, in addition to small distribution operations, highlighting its role as a community hub.
This investment is ideal for those seeking reliable returns from a mix of essential service providers and recreational businesses, or for an owner-operator looking to capitalize on a well-positioned asset in Tampa’s growing market. With long-term tenants and a location that supports steady consumer demand, Busch Point Plaza offers substantial potential for income and value growth.
Located off Interstate 275, near the University of South Florida and Busch Gardens, Busch Point Plaza enjoys strategic placement that ensures consistent visibility and high foot traffic. The center is anchored by a mix of stable, community-focused tenants including a medical office, a church, a pharmacy, and a baseball camp, in addition to small distribution operations, highlighting its role as a community hub.
This investment is ideal for those seeking reliable returns from a mix of essential service providers and recreational businesses, or for an owner-operator looking to capitalize on a well-positioned asset in Tampa’s growing market. With long-term tenants and a location that supports steady consumer demand, Busch Point Plaza offers substantial potential for income and value growth.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,412 SF
Building Class
C
Year Built
1985
Price
$3,400,000
Price Per SF
$167
Cap Rate
6.99%
NOI
$237,697
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Land Acres
1.36 AC
Opportunity Zone
Yes
Zoning
CI - Commercial, Intensive
Parking
100 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
Parcel Number | A-19-28-19-45D-000003-00006.1 | Improvements Assessment | $1,565,119 |
Land Assessment | $814,581 | Total Assessment | $2,379,700 |
PROPERTY TAXES
Parcel Number
A-19-28-19-45D-000003-00006.1
Land Assessment
$814,581
Improvements Assessment
$1,565,119
Total Assessment
$2,379,700
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Busch Point Plaza | 1010 E Busch Blvd
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