3917 N Nebraska Ave - Freestanding FOR SALE


Tampa, FL 33603
$5,950,000 USD
813-625-2375
3917 N Nebraska Ave, Tampa, FL for Sale
$5,950,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

NEW


3917 N Nebraska Ave
Tampa, FL 33603


HIGHLIGHTS

  • Available for Sale - 1.94 acre Former Corner Drug Store / Opportunity Zone Redevelopment Site - 15,022 SF - Tampa, FL 33604
  • Former 15,022 SF freestanding drug store (Walgreens) - Situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot
  • Located at the at the lighted intersection n of Nebraska Ave and Dr Martin Luther King Jr Blvd combined traffic count of 35,000 VPD (both streets)
  • High ceilings of approximately 20 ft and column spacing of 35 ft - Covered drive through lane - Ample 3-phase power
  • Also Available for Lease
  • Detailed Sale and Lease Brochures Under Links

OVERVIEW

Available for Sale - 1.94 acre Former Corner Drug Store / Opportunity Zone Redevelopment Site - 15,022 SF - Tampa, FL 33604 This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve. ** This offering is co-listed with Andretta Properties (William Besselieu) Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,366 SF

ZONING

CG

APN/PARCEL ID

172983-0000

ASK ABOUT THIS PROPERTY

Michael BracciaBay Street Commercial, LLCMore Info
813-625-2375

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Michael BracciaBay Street Commercial, LLCMore Info
813-625-2375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.