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Investment Highlights
- Available for Sale - 1.94 acre Former Corner Drug Store / Opportunity Zone Redevelopment Site - 15,022 SF - Tampa, FL 33604
- 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)
- Also Available for Lease
- Former 15,022 SF freestanding drug store (Walgreens) - Situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot
- High ceilings of approximately 20 ft and column spacing of 35 ft - Covered drive through lane - Ample 3-phase power
- Detailed Sale and Lease Brochures Under Links
Executive Summary
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.
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available for Lease: Former "Heights" Walgreens Retail Site (Nebraska & MLK) - 15,022 SF - Tampa, FL 33603. 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. Estimated CAM: $10.15 15,022 SF - Initial estimated monthly rent: $44,002 (includes base rate + CAM) plus applicable sales tax ** This offering is co-listed with Andretta Properties (William Besselieu)
| Space | Size | Space Use | Position | Available |
| 3917 | 15,022 SF | Retail | - | Now |
3917
| Size |
| 15,022 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3917
| Size | 15,022 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available for Lease: Former "Heights" Walgreens Retail Site (Nebraska & MLK) - 15,022 SF - Tampa, FL 33603. 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. Estimated CAM: $10.15 15,022 SF - Initial estimated monthly rent: $44,002 (includes base rate + CAM) plus applicable sales tax ** This offering is co-listed with Andretta Properties (William Besselieu)
Nearby Major Retailers
Property Taxes
| Parcel Number | A-07-29-19-4MC-B00000-00004.0 | Improvements Assessment | $413,234 CAD |
| Land Assessment | $2,174,608 CAD | Total Assessment | $2,587,843 CAD |
Property Taxes
Presented by
3917 N Nebraska Ave
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