Under Construction. GENERAL
Florida Commercial Group is pleased to present the opportunity to lease a new, high-profile retail, office, restaurant use development, located at the corner of E. Lake Avenue and Potter Street- East Tampa.
Boasting ground level space that measures (approx. ) 2, 600 SF, this free-standing building, will be centrally located in the rapidly growing East Tampa Community on E. Lake Avenue : : Ideal for a range of businesses, such as retail sales, professional offices, community services or a small neighborhood eatery : : The space can feature one large open area or be subdivided into 2- 3 smaller suites.
This property will showcase approximately 109' of frontage along bustling E. Lake Avenue and will be located in a highly sought-after retail/ residential area that benefits from excellent exposure and robust traffic counts of over 10, 500 vehicles/day at the intersection of E. Lake Avenue and N. 22nd Street : : Zoned (PD) Planned Development, this 5, 123 SF lot with dedicated onsite parking and a few street parking spaces for easy access : : With steady traffic flow and excellent foot traffic in the area, this property will be perfectly positioned to maximize your business’s potential : : The site is perfect for quick service retail to serve the surrounding residents, workforce and those commuting through the area.
Whether you are a start-up or an established business looking to broaden your brand, don’t miss an opportunity to lease this first-generation space today : : Various businesses can do well here making this an ideal site for a relocation, expansion or a new business startup location : : Situated in a qualified HUBZone, you’ll also be near many existing and planned developments project sites : : Construction of this building will be completed in the Spring of 2025 with modern amenities and offered as build-to-suit or can be provided in vanilla shell : : Enveloped by over 46, 283 households within three miles, the solid demographics and limited competition within the immediate area make this an ideal location for a wide variety of thriving business owners or small commercial entrepreneurs.
Flexible Design Options: A brand new, first floor urban space consisting of 2, 600 SF will provide a flexible design that could be leased to a single tenant or subdivided for 2-3 tenants, depending on tenant’s buildout needs. The landlord welcomes tenant(s) input on building improvements. Some features will include high ceilings, large windows, polished concrete floors, open floor plans, a modern façade and finishings, ample parking (with a few street parking spaces for quick in and out service), building mounted or pylon signage and long-term affordable lease terms and rates.
The property will be surrounded by multi-family homes and a diverse range of businesses, including hair salons, outreach centers, medical services, dry cleaners, and various small enterprises. Situated in a densely populated residential sub-market across from the Belmont Heights Estates II community, this workspace will be designed to be both innovative and dynamic. It will feature excellent visibility with street-level access and be located at the intersection of E. Lake Avenue and Potter Street, showcasing 109 feet of frontage and exposure.
Call today for additional property details.
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $36,763 | $36,763 | $36,763 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $245 | $248 | $315 |
Total Monthly Payment | $553 | $556 | $623 |
* 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.