South Tampa Investment Opportunity

Highlights:

• Rental rate increases 2.5% on annual basis
• Current rent at $22.50/sf Mod. Net, with retail market rents closer to $40/sf NNN
• Population Growth: 5-mile radius hosts over 208,000 residents and is expected to grow nearly 10% by 2029
• Affluent Market: Median household incomes near twin six-figures; median home values in South Tampa exceed $700K
• Significant exposure on a bustling arterial corridor
• Long-term anchor tenant success proves market demand
• Large functional space with flexible zoning, parking, and signage
• Proximity to key Tampa hubs like airport, retail centers, and entertainment venues
• Rich neighborhood demographics suited to premium offerings

Description:

Exceptional investment opportunity featuring below-market rent, built-in annual increases, high underlying land value, and unlimited future upside. A truly irreplaceable asset with long-term potential. Home to Lightstyle of Tampa Bay, this well-respected lighting gallery has thrived here for over 20 years.


Major Thoroughfare:
Positioned directly on South Dale Mabry Highway (State Road 573/US 92), the site sees daily traffic counts in the tens of thousands—ideal for maximum exposure

Core South Tampa Region:
Located in the prestigious Palma Ceia West neighborhood within South Tampa, it's surrounded by affluent residential enclaves such as Bayshore Beautiful and Beach Park with median household incomes exceeding $140K within one mile
realtor.com

Swift Connectivity:
Just a 5-minute drive to Tampa International Airport, International Plaza & Bay Street, I‑275, and the Veterans Expressway.

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