This Prime South Tampa Retail / Medical site is loaded with parking (35 spaces or 5/1, 000 SF) making a mixed use of medical office and retail possible in an area traditionally starved for adequate parking to accommodate such uses. Ideally located at the three-way intersection of Swann Avenue and S. Himes Avenue in the heart of South Tampa, the site is currently home to a martial arts studio and an insurance brokerage. The martial arts school occupies 2 units; 3, 462 SF (Unit C) and 1, 039 SF (Unit B) and is relocating, making a total of 4, 501 SF of space available for lease. The 3, 462 SF unit features high ceilings and a large wide open floor plan. This site is perfect for transition into medical space while the 1, 039 SF unit makes a great smaller retail unit. The owner may consider contribution toward Tenant Improvement allowance for qualified tenants on long-term leases amortized into lease. Please do not disturb existing tenant. Listing agent must be present for tour.
Estimated CAM: $8. 00
See Available Spaces Page for details
Located on Henderson Boulevard at the three-way intersection of Swann Avenue and S. Himes Avenue in the heart of South Tampa.
LEASE:
1, 039 SF - $38 sf/yr NNN + CAM: $8. 00 - Initial estimated monthly rent: $3, 983 (includes base rate + CAM) plus applicable sales tax
3, 462 SF - $38 sf/yr NNN + CAM: $8. 00 - Initial estimated monthly rent: $13, 271(includes base rate + CAM) plus applicable sales tax
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $38,237 | $38,237 | $38,237 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,886 | $1,886 | $1,886 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $254 | $254 | $328 |
Total Monthly Payment | $2,215 | $2,215 | $2,289 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.