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Stabilized Center Near USF & Busch Gardens 1010 E Busch Blvd

100% Leased Retail Building Online Auction Sale Tampa, FL 33612

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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 +/- square foot multitenant shopping center positioned on 1.35 acres at 1010 E Busch Blvd, Tampa, FL. With long-term tenants and a location that supports steady consumer demand, Busch Point Plaza offers substantial potential for income and value growth.

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. 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.

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. More than 45,000 vehicles pass by the center each day along E Busch Boulevard. The location is easily accessible from major roads and highways, ensuring smooth connectivity for customers and suppliers. Additionally, the plaza is surrounded by a variety of retail shops, dining options, and essential services, making it a convenient location for both customers and employees.

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.

Property tours are by appointment only, please reach out to the Nationwide Realty Solutions team to learn more.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Tampa - FL USA

Market Cap Rate

Tampa - FL USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront
Building Class
C
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Lot Size
1.36 AC
Zoning
CI - Commercial, Intensive
Parking
100 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
277 FT on 10th St

Amenities

  • Pylon Sign
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2024 Population
20,104
139,607
350,204
2020 Population
19,043
135,746
337,182
2029 Population
22,014
152,223
382,473
2024-2029 Projected Population Growth
9.5%
9.0%
9.2%
Daytime Employees
5,557
79,945
177,444
Total Businesses
646
9,369
22,901
Average Household Income
$44,083
$57,564
$63,426
Median Household Income
$34,889
$42,724
$46,070
Total Consumer Spending
$136.7M
$1.2B
$3.3B
Median Age
36.0
36.5
36.4
2024 Households
6,700
54,395
140,184
Percent College Degree or Above
7%
13%
16%
Average Home Value
$172,868
$275,340
$310,135

Nearby Major Retailers

Ymca
Buddy's Home Furnishings
Walmart Neighborhood Market
Rent-A-Center
Key Food
Planet Fitness
Checkers
Florida Avenue Walk-In Clinic

PROPERTY TAXES

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

Sale Advisors

Sale Advisors

(813) 899-2400
Contact
Noor Audi, Realtor Associate
(813) 899-2400
Contact
Noor Audi is an accomplished real estate professional serving the Tampa, FL area. With a diverse background in the automotive industry, Noor has honed her skills as a Client Advisor, consistently delivering exceptional service and building strong relationships with her clients.

Throughout her career, Noor has displayed a profound understanding of customer service, sales, teamwork, and extensive knowledge of the automotive field. Her ability to provide expert guidance and effectively communicate with clients has allowed her to excel in her role as a trusted real estate agent.

Noor's educational background includes a Bachelor's degree focused on Accounting and Business/Management. This academic foundation has equipped her with a solid understanding of financial matters and a keen eye for identifying profitable opportunities in the real estate market. With her expertise in both business and real estate, Noor is well-positioned to offer valuable insights to her clients, helping them make informed decisions that align with their financial goals.

Committed to exceeding client expectations, Noor is dedicated to providing personalized attention and tailoring her services to meet each client's unique needs. She understands that buying or selling a home is a significant financial and emotional endeavor, and she goes the extra mile to ensure a smooth and successful transaction for her clients.

Noor's passion for real estate is evident in her tireless work ethic and unwavering commitment to achieving optimal outcomes for her clients. Whether you are a first-time homebuyer, a seasoned investor, or looking to sell your property, Noor Audi is the go-to agent in Tampa, FL. Contact her today to experience her unparalleled professionalism, expertise, and exceptional service in all your real estate endeavors.

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More
Auctioneer License: Ten-X Commercial, LLC Vibhav Kapila RE Brkr CQ1063389
Auction FAQ's
  • Listing ID: 33805936

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 1010 E Busch Blvd, Tampa, FL 33612

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

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