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1108 W Kennedy Blvd 3 213 pi² 100% Loué Commerce de détail Immeuble Tampa, FL 33606 2 699 775 $ CAD (840,27 $ CAD/pi²) 6,59% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime Kennedy Blvd frontage with 35,000 VPD
- Surrounded by Tampa’s most affluent neighborhoods
- Projected NOI increase of $50,000 within 18 months
- Short-term lease offers immediate repositioning potential
- Across from University of Tampa and near Midtown Tampa
RÉSUMÉ DE L'ANNONCE
1108 W Kennedy Blvd offers a prime investment opportunity in one of Tampa’s most coveted commercial corridors. This 3,213 SF concrete block building sits on a 0.19-acre site along Kennedy Boulevard, a major east-west artery with 35,000 vehicles per day, connecting Downtown Tampa, the University of Tampa, and the Westshore Business District. The property is fully occupied by DC Society Ink under a short-term gross lease with less than 18 months remaining, providing flexibility for an owner-user or investor to capitalize on immediate upside through rent adjustments or repositioning.
The current lease is significantly below market, creating a clear path to NOI growth of approximately $50,000 within 18 months. Pro forma projections assume renewal at $40 PSF plus NNN, boosting NOI to $128,520 and delivering a 6.6% cap rate. With strong demographics—192,000 residents within five miles and an average household income of $142,475—the location is surrounded by affluent neighborhoods such as Hyde Park, Palma Ceia, and Davis Islands. Nearby national retailers include Publix, Sprouts, LA Fitness, and Target, ensuring consistent consumer traffic.
Positioned across from the University of Tampa and minutes from Midtown Tampa’s billion-dollar mixed-use development, this property benefits from high barriers to entry and sustained demand in a dense, vibrant trade area. Florida’s pro-business climate, including no state income tax, further enhances investment appeal. Whether you seek a strategic owner-user location or a value-add retail investment, 1108 W Kennedy Blvd delivers exceptional visibility, strong fundamentals, and long-term growth potential.
The current lease is significantly below market, creating a clear path to NOI growth of approximately $50,000 within 18 months. Pro forma projections assume renewal at $40 PSF plus NNN, boosting NOI to $128,520 and delivering a 6.6% cap rate. With strong demographics—192,000 residents within five miles and an average household income of $142,475—the location is surrounded by affluent neighborhoods such as Hyde Park, Palma Ceia, and Davis Islands. Nearby national retailers include Publix, Sprouts, LA Fitness, and Target, ensuring consistent consumer traffic.
Positioned across from the University of Tampa and minutes from Midtown Tampa’s billion-dollar mixed-use development, this property benefits from high barriers to entry and sustained demand in a dense, vibrant trade area. Florida’s pro-business climate, including no state income tax, further enhances investment appeal. Whether you seek a strategic owner-user location or a value-add retail investment, 1108 W Kennedy Blvd delivers exceptional visibility, strong fundamentals, and long-term growth potential.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
3 213 pi²
Classe d’immeuble
C
Année de construction
1950
Prix
2 699 775 $ CAD
Prix par pi²
840,27 $ CAD
Taux de capitalisation
6,59%
Revenu net d’exploitation
177 936 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
0,29 AC
Zonage
CG - General Commercial
Façade
COMMODITÉS
- Affichage
- Climatisation
Walk Score®
Très pratique à pied (89)
Bike Score®
Très cyclable (70)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Impôts fonciers
| Numéro de lot | A-23-29-18-4SU-000006-00013.1 | Évaluation des bâtiments | 487 529 $ CAD |
| Évaluation du terrain | 647 535 $ CAD | Évaluation totale | 1 135 064 $ CAD |
Impôts fonciers
Numéro de lot
A-23-29-18-4SU-000006-00013.1
Évaluation du terrain
647 535 $ CAD
Évaluation des bâtiments
487 529 $ CAD
Évaluation totale
1 135 064 $ CAD
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1108 W Kennedy Blvd
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