3143 W Kennedy Blvd
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3143 W Kennedy Blvd
9,996 SF 100% Leased Retail Building Tampa, FL 33609 $6,750,000 ($675/SF) 5.76% Cap Rate
Investment Highlights
- Irreplaceable real estate
- Pylon sign
- 37,500 AADT
- Located on hard lighted corner
- Completely renovated property in 2019
- 46 Parking spaces (4.73/1,000 ratio)
Executive Summary
Introducing a prime investment opportunity nestled in the heart of affluent South Tampa. This exceptional property offers 9,996 SF of retail space 100% leased to 3 tenants all on NNN leases. Boasting a strategic location on a hard lighted corner with high visibility, pylon signage, and traffic count over 37,500 AADT, ensuring maximum exposure for businesses. Zoned CG for versatile usage, and a recent 2019 renovation, this property sets the stage for a lucrative venture in an ever-thriving market.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$388,560
|
$38.87
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $388,560 |
| Annual Per SF | $38.87 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,996 SF
Building Class
C
Year Built
1951
Price
$6,750,000
Price Per SF
$675
Cap Rate
5.76%
NOI
$388,560
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Land Acres
0.86 AC
Zoning
CG - commercial general
Parking
46 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
Walk Score ®
Very Walkable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | A-22-29-18-3OA-000034-00013.0 | Improvements Assessment | $866,400 |
| Land Assessment | $2,247,000 | Total Assessment | $3,113,400 |
PROPERTY TAXES
Parcel Number
A-22-29-18-3OA-000034-00013.0
Land Assessment
$2,247,000
Improvements Assessment
$866,400
Total Assessment
$3,113,400
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Nick Ganey, CCIM -
Boutique National LLC
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3143 W Kennedy Blvd
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