418 N DALE MABRY HIGHWAY, Tampa, Florida, United States, 33609

6,200,000
for Sale
29,453

About the property:

South Cedar Real Estate is pleased to present the sale of a newly repositioned NNN retail asset located at 418 N. Dale Mabry Highway in Tampa, Florida. This property has recently undergone a comprehensive exterior and site transformation, creating a modernized retail investment positioned for long-term performance along one of Tampa’s most heavily traveled corridors, benefiting from traffic counts exceeding 46,000 vehicles per day. Recent capital improvements include a complete façade renovation, new roof installation, stucco restoration, new awnings, upgraded landscaping, an updated monument sign with LED lighting, and the repaving of both parking lots. Additional site enhancements include the creation of new parking spaces within the right-of-way and the installation of a concrete slab over the existing retention pond, significantly improving the functionality and usability of the property. The asset is currently occupied by two tenants, Divers Direct and Encore Imaging, both operating under NNN lease structures that provide stable in-place income with minimal landlord responsibilities. The recent renovations and tenant occupancy position the property as a stabilized, low-management investment opportunity within a highly visible and well-trafficked retail corridor. Strategically located along North Dale Mabry Highway, the property benefits from exceptional accessibility, strong surrounding demographics, and proximity to a dense concentration of retail, dining, and residential development. This offering presents investors with the opportunity to acquire a fully repositioned retail asset in one of Tampa’s most established commercial corridors, with continued long-term upside and durable tenant demand. Management fees are reimbursable with CAM.
Property Type:
Retail
Status:
for Sale
House Style:
Other
Acres:
0.68
Square Feet:
13000
Area:
33609 - Tampa / Palma Ceia
Heating Type:
0
Directions:
From downtown Tampa take Kennedy Blvd. west and turn north on Dale Mabry Hwy. The property is located on the northeast corner of N Dale Mabry Highway and W Carmen Street, just north of Midtown Tampa.
Is Investment:
Yes
Is Land:
Yes
Is Landscaping:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Retail:
Yes
Is Spa:
Yes
Is Unit:
Yes
Annual Property Taxes:
62,893.99
Listing ID:
TB8515732

Rooms

Dimensions

Brokered by:
South Cedar Real Estate, Inc
Presented By:

Sunny Sidhu

Broker Associate

RE/MAX Premier Group