22nd Street Retail Investment

Retail-Commercial for Sale
Catylist Listing ID: 28807814
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 5,267 SF
Gross Land Area: 22,659 SF
Sale Price: $850,000
Unit Price: $161.38 PSF
Property Use Type: Investment
Building Name: 22nd Street Retail Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

This 5,267 square foot, 22nd Street Retail Center sits on approximately a ½ acre lot with 141 feet of frontage along North 22nd Street. Property is being offered as an investment opportunity. The building houses a ‘catering only’ kitchen in Suite C for Smiles Catering (leased through May 2019) which was formerly a Quiznos with walk-in cooler and freezer. Suite B has a full hood system in place, three-stage sink, and multiple hand washing sinks. Suite A is the new home of Glenford Beauty Academy (leased through November 2019) which includes a mezzanine office space wrapped in windows. Constructed in 2009, this is one of the newer and more ‘eye-catching’ buildings in the East Tampa area. Centrally located about one block south of East Hillsborough Avenue and only one mile east of I-275 on 22nd Street, just behind Walgreens and close to national retailers that occupy the nearby Eastgate Shopping Center. Location offers short commutes to most of Tampa, Temple Terrace, and the busy Ybor City and Brandon Markets.
**DETAILED SALE BROCHURE AVAILABLE IN PHOTOS & DOCUMENTS**

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: A-06-29-19-4AW-000008-00003.0
Zoning: CI - COMMERCIAL INTENSIVE
Retail Clientele: General, Business, Tourist
Property Located Between: N. Hillsborough Ave. and Osborne Ave.
Road Type: Paved
Largest Nearby Street: N. 22nd St. / N. Hillsborough Ave.
Feet of Frontage: 141
Highway Access: One mile east of I-275
Airports: Tampa International
Site Description: This 5,267 square foot, 22nd Street Retail Center sits on approximately a ½ acre lot with 141 feet of frontage along North 22nd Street. Property is being offered as an investment opportunity. The building houses a ‘catering only’ kitchen in Suite C for Smiles Catering (leased through May 2019) which was formerly a Quiznos with walk-in cooler and freezer. Suite B has a full hood system in place, three-stage sink, and multiple hand washing sinks. Suite A is the new home of Glenford Beauty Academy (leased through November 2019) which includes a mezzanine office space wrapped in windows
Area Description: Centrally located about one block south of East Hillsborough Avenue and only one mile east of I-275 on 22nd Street, just behind Walgreens and just across 22nd Street from national retailers occupying the Eastgate Shopping Center. Location offers short commutes to most of Tampa, Temple Terrace and the busy Ybor City and Brandon Markets.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2009
Roof Type: Other
Construction/Siding: Stucco
Exterior Description: Masonry / Stucco: One of the newer and more "eye-catching" buildings in the East Tampa area.
Parking Type: Surface
Parking Description: 5 / 1000
Heat Type: Electricity, Hot Water, Other
Heat Source: Central
Interior Description: The building houses a ‘catering only’ kitchen in Suite C for Smiles Catering (leased through May 2019) which was formerly a Quiznos with walk-in cooler and freezer. Suite B has a full hood system in place, three-stage sink, and multiple hand washing sinks. Suite A is the new home of Glenford Beauty Academy (leased through November 2019) which includes a mezzanine office space wrapped in windows.
Zoning Description: CI - Commercial Intensive providing areas for intense commercial activity, permitting heavy commercial and service uses.
Lot Frontage: 141
Lot Depth: 161
Legal Description: SPERRY GROVE ESTATES REVISED PLAT N 1/2 OF LOT 3 & LOTS 4 TO 6 INCL BLK 8 & ALLEY W OF SAID LOTS 4 AND 5 AND N 1/2 OF LOT 3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,285 141,915 342,296
Median Age: 35.48 34.68 35.2
Households: 6,130 54,557 135,456

Contact

Photograph of Listing Agent

Michael Braccia, P.A.

Bay Street Commercial FGCAR CIE Member
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