Tampa Bay Center

RIPCO REAL ESTATE is pleased to offer for sale TAMPA BAY CENTER, a ±142,350 SF Power Center anchored by Ashley Furniture and Floor & Décor, located in Tampa, FL. The center is 100% occupied by eight (8) tenants, six of which are strong national tenants – The Tile Shop, Dollar Tree, T-Mobile, Tropical Smoothie, Floor & Décor, and Ashley Furniture. Six of the tenants have been at the center for 6 or more years, showing a strong commitment to the site. The total weighted average lease term remaining (WALT) at the center is 3.5 years.
The center is located on the block south of W Columbus Drive, east of N Dale Mabry Highway, and west of N Himes Avenue, all primary thoroughfares within Tampa. Combined, these three roads have an AADT of over 90,000, giving the center great exposure and access to a significant amount of Tampa’s residents. Tampa Bay Center is well positioned within the Westshore Business District which is the largest commercial market in the Tampa Bay region with over 6,500 businesses, 100,000 employees, and 13.2 million square feet of office space. Within four miles of the site, there are destinations such as Tampa International Airport, International Plaza, Westshore Plaza, and Midtown Tampa.
Tampa Bay Center offers an investor the opportunity to acquire a trophy asset in the Tampa MSA that is 100% occupied in an irreplaceable location where investment opportunities rarely become available."