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$6,600,000
Est. payment /mo
13,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $507
Subdivision Broadmoor Park Rev
MLS Listing ID TB8515732
HOA Y/N No
Year Built 1987
Annual Tax Amount $62,893
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Retail
Source Stellar MLS
Property Description
South Cedar Real Estate is pleased to present the sale of a newly repositioned NNN retail asset located at 418 N. Dale Mabry Highway in Tampa, Florida. This property has recently undergone a comprehensive exterior and site transformation, creating a modernized retail investment positioned for long-term performance along one of Tampa's most heavily traveled corridors, benefiting from traffic counts exceeding 46,000 vehicles per day.
Recent capital improvements include a complete façade renovation, new roof installation, stucco restoration, new awnings, upgraded landscaping, an updated monument sign with LED lighting, and the repaving of both parking lots. Additional site enhancements include the creation of new parking spaces within the right-of-way and the installation of a concrete slab over the existing retention pond, significantly improving the functionality and usability of the property.
The asset is currently occupied by two tenants, Divers Direct and Encore Imaging, both operating under NNN lease structures that provide stable in-place income with minimal landlord responsibilities. The recent renovations and tenant occupancy position the property as a stabilized, low-management investment opportunity within a highly visible and well-trafficked retail corridor.
Strategically located along North Dale Mabry Highway, the property benefits from exceptional accessibility, strong surrounding demographics, and proximity to a dense concentration of retail, dining, and residential development. This offering presents investors with the opportunity to acquire a fully repositioned retail asset in one of Tampa's most established commercial corridors, with continued long-term upside and durable tenant demand.
Recent capital improvements include a complete façade renovation, new roof installation, stucco restoration, new awnings, upgraded landscaping, an updated monument sign with LED lighting, and the repaving of both parking lots. Additional site enhancements include the creation of new parking spaces within the right-of-way and the installation of a concrete slab over the existing retention pond, significantly improving the functionality and usability of the property.
The asset is currently occupied by two tenants, Divers Direct and Encore Imaging, both operating under NNN lease structures that provide stable in-place income with minimal landlord responsibilities. The recent renovations and tenant occupancy position the property as a stabilized, low-management investment opportunity within a highly visible and well-trafficked retail corridor.
Strategically located along North Dale Mabry Highway, the property benefits from exceptional accessibility, strong surrounding demographics, and proximity to a dense concentration of retail, dining, and residential development. This offering presents investors with the opportunity to acquire a fully repositioned retail asset in one of Tampa's most established commercial corridors, with continued long-term upside and durable tenant demand.
Location
State FL
County Hillsborough
Community Broadmoor Park Rev
Area 33609 - Tampa / Palma Ceia
Zoning PD
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Greg Wilkerson SOUTH CEDAR REAL ESTATE, INC
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Milton Knight
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675