- For Sale $2,000,000
- Property Type Retail - Street Retail
- Property Size 7,200 SF
- Units 2
- Lot Size 0.71 Acre
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1962
- Year Renovated 2023
- Date Updated Sep 22, 2026
Description
Discover an exciting investment opportunity in the vibrant Tampa/St. Petersburg market. Located in a prime path of retail growth, this property is near popular shopping and dining destinations. Boasting a bustling atmosphere and strong consumer traffic, the area offers a compelling environment for retail and street retail investors. With its strategic location and access to major highways, the property presents an appealing prospect for those seeking to capitalize on the dynamic commercial real estate landscape growth in northeast Tampa, FL.9,289 SF | 0.71 ACRES | NORTH TAMPA
Investment opportunity featuring an established True Value franchise hardware store currently owner-operated at the property. The owner is open to selling the real estate and entering into a proposed 10-year NNN lease, providing a potential sale-leaseback structure for the purchaser.
Investment Highlights:
Asking Price: $2,000,000
Proposed Annual Base Rent: $120,000
Proposed Monthly Base Rent: $10,000
Target Initial Cap Rate: 6.0%
Proposed Lease Term: 10 Years
Lease Structure: NNN
Building Area: 9,289 SF
Land Area: 0.71 Acres
Two Buildings
Established True Value franchise/current owner-operator
Potential long-term occupancy and rental income
North Tampa location near the University Mall/Uptown area
Under the proposed NNN structure, the tenant would be responsible for applicable property expenses, including taxes, insurance, and maintenance, subject to the final lease agreement. Proposed rent, lease term, escalations, options, expense responsibilities, and other terms are subject to negotiation and mutually acceptable documentation.
The property may also appeal to owner-users or strategic buyers seeking commercial real estate with an established business and existing operational use. Conveniently located near established residential and commercial areas with access to major transportation corridors.
All information is subject to verification. Proposed lease and transaction terms are not finalized and are subject to negotiation, due diligence, and execution of definitive agreements.
Highlights
- 10+ Year Leaseback
- 100% Occupancy
- 9,289 SF Temp Controlled Building
- High Traffic Count
- Located in the Path of Growth
- Opportunity Zone
- Renovated in 2023
- Stable Operator
- Two Buildings
- Zoned CI
False
Contacts
Garrick Sims
615 - NRT
Location
Located at 9513 N Nebraska Ave, Tampa, FL 33612, this property is part of the North Tampa neighborhood and Tampa St Petersburg Clearwater market.
Contact Listing Broker
Garrick Sims
615 - NRT