This prime 4, 560 SF South Tampa retail location is now available for lease. The building consists of two suites (2, 280 SF each) which can be leased individually or together. Suite 2108 is currently built out for a massage therapy studio and features a large waiting and reception area with room to accommodate 6-8 guests comfortably with another lounge area to the opposite end of the space. There is a central corridor which leads to 8 treatment rooms, a break room, restrooms, and a laundry room.
Suite 2110 is a 2, 280 SF open floor plan. The space features high ceilings with wood trusses and an exposed brick wall. The owner plans to install storefront glass at both ends of the space, offering abundant natural light and creating the opportunity for the perfect specialty retail showroom or creative work space. The building offers itself to a wide variety of potential users who wish to benefit from the outstanding visibility and proximity to Downtown, University of Tampa, and the Soho / Hyde Park markets. Plans are already approved and in place for construction of over 200 luxury apartments directly across the street which will bring additional activity and expand the already robust customer base in this highly sought after South Tampa market.
* Additional photos available in the "spaces" page of the property webpage
** Owner will amortize tenant improvements for qualified tenants
Located in Tampa just south of I-275 and north of the Selmon Expressway, offering easy access to surrounding areas including downtown.
LEASE:
Suite 2108 - 2, 280 SF - $29. 50 sf/yr + CAM: $6. 50 - Initial estimated monthly rent: $6, 840 (includes base rate + CAM: $6. 50) plus applicable sales tax
Suite 2110 - Suite 2110 - 2, 280 SF - Negotiable rate pending tenant's build-out requirements
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $65,664 | $65,664 | $65,664 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $725 | $725 | $725 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $442 | $436 | $554 |
Total Monthly Payment | $1,242 | $1,236 | $1,354 |
* 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.