$1,650,000
Property details
About this home
Located Directly across from the Busch Gardens main entrance, this high-exposure two-story commercial building totals 5,242 SF (2,121 SF/Floor) plus a 300 SF detached garage on 0.20 acres, featuring grandfathered, oversized signage you simply can’t recreate today. The site offers 13 onsite parking spaces, 70 feet of frontage on Busch Blvd (43,000 AADT) and 127 feet on Edman Place, with full east/west ingress and a built-in deceleration lane for seamless access. Located just two blocks from the N 40th St intersection (37,500 AADT), the property captures 80,500+ vehicles per day of combined exposure. Configured as a multi-tenant building but currently operated by a single user, the property delivers a strong 8.56% cap rate with upside through lease restructuring, rent adjustments, or full/partial owner-occupancy. Strategically positioned in the heart of Tampa/St. Petersburg MSA—now the 18th-largest and one of the fastest-growing in the U.S. this corridor benefits from exceptional connectivity to I-275, I-4, the Veterans Expressway (589), Downtown Tampa, Temple Terrace, the University submarket, and major employment centers all within a 15-minute drive. The trade area supports a population of 305,560+ residents, a median income of $53,400, and some of the region’s strongest consumer expenditure profiles—ideal for restaurant/QSR (with drive-thru), coffee, medical/professional office, retail, experiential, tourism-oriented, or service-based uses. With irreplaceable visibility, flexible configuration, and excellent fundamentals, this asset offers both a stable income stream and an exceptional long-term commercial foothold in one of Tampa’s highest-traffic destinations.
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