1.75 ac Retail Development Opportunity

8901 N 56th Street Tampa, FL 33617

8901 N 56th Street, Tampa, FL, 33617
Retail Map
8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617 8901 N 56th Street, Tampa, FL, 33617
FOR SALE
Property Type:
Padsites
Amount:
$2,000,000
Last Verified:
Jan 03, 2024

Highlights

  • Retail Opportunity in the heart of Temple Terrace that will draw from USF and Busch Garden Markets
  • Refocused and decisive City Leadership
  • City of Temple Terrace is working future plans for multimodal mobility and pedestrian connectivity
  • Retail proof of concept directly to the North with rents $32-$35/SF
  • 345' frontage with direct exposure to N 56th Street
  • High traffic volume of 38K daily average

Description

Florida ROI is pleased to offer for sale Commercial retail property centrally located in the City of Temple Terrace. 1.75 acres (more or less) of shovel ready land adjacent to key retail corridor and just west of a new 200 unit apartment building.

Just south of Fountain Shops and west of Waverly Apartments; 1.75 acres of vacant land approx.

Lot Size: 1.75 acres

Map of 8901 N 56th Street, Tampa, FL, 33617

Presented by:
ROI Commercial Property Brokerage

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Eric Odum


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.