4121 Henderson Blvd
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4121 Henderson Blvd
1,960 SF 100% Leased Retail Building Tampa, FL 33629 $1,120,000 ($571/SF) 6% Cap Rate
Investment Highlights
- Currently 100% occupied by two tenants
- Excellent Demographics including a 5-mile population of 192,421 people and an AHHI of $142,475.
- 50 Feet of frontage along Henderson Blvd, connecting Tampa’s CBD & Kennedy Blvd to some of South Tampa's most affluent communities.
- MTM leases provide flexibility for a new owner and the opportunity to retain current tenants
- High barrier to entry in one of Tampa Bay's most dense submarkets
- In close proximity to St. Mary's Day School, Dale Mabry Elementary School, Grady Elementary School, Coleman Middle School, and Plant High School, an A
Executive Summary
Franklin Street is pleased to offer exclusively For Sale the two-tenant Property at 4121 Henderson Blvd located within a dense, affluent suburb of South Tampa. The Property totals 1,960 SF and is situated on 0.16 acres. It is currently occupied by two tenants, Coast To Coast Insurance of Florida and Empanada World, on a MTM basis paying below market rents. A new owner will have the opportunity to put new leases in place at market lease rates, or backfill the spaces with new tenants. If preferred, a new owner can occupy the space(s) as an owner-occupier.
The Property is zoned CG "General Commercial" allowing for a broad range of retail and office uses.
The Property is zoned CG "General Commercial" allowing for a broad range of retail and office uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,960 SF
Building Class
C
Year Built
1951
Price
$1,120,000
Price Per SF
$571
Cap Rate
6%
NOI
$67,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.16 AC
Zoning
CG - General Commercial
Parking
10 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
50 FT on Henderson Blvd
Amenities
- Restaurant
Walk Score ®
Very Walkable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | A-28-29-18-3RG-000000-00006.0 | Improvements Assessment | $13,600 |
| Land Assessment | $350,000 | Total Assessment | $363,600 |
PROPERTY TAXES
Parcel Number
A-28-29-18-3RG-000000-00006.0
Land Assessment
$350,000
Improvements Assessment
$13,600
Total Assessment
$363,600
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4121 Henderson Blvd
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