Midtown Corner Retail / Medical Center

1001 N Macdill Ave, Tampa, FL 33607

  • For Lease $18.00 - $32.00/SF/YR
  • Property Type Retail - Strip
  • Property Size 8,494 SF
  • Units 7
  • Lot Size 0.82 Acre
  • Additional Rent Contact for pricing
  • Year Built 1967
  • Year Renovated 1995
  • Date Updated Nov 15, 2024
Located at the intersection of N. Macdill Avenue and W. Cypress Street.Excellent upside with this unique Midtown Multi-tenant Retail / Medical investment opportunity which is located at the hard corner lighted intersection of N. Macdill Avenue and W. Cypress Street. The 8,494 SF building sits on a 35,850 square foot (.82 Acre), CG (Commercial General) zoned parcel just blocks away from the newly established “Midtown” district of Tampa, Florida. This site is conveniently located in the heart of a large high-density population with excellent access from major roads with an abundance of commercial activity and is one of the most rapidly redeveloping neighborhoods throughout the Tampa-St Petersburg MSA. The building currently consists of 7 units ranging from 793 SF up to 2010 SF. This site is one of the few throughout the market with adequate parking (46 spaces or 6.2 spaces / 1000 SF) for medical users within such close proximity to serve the highly sought after South Tampa demographic. The retail exposure and ample parking offers an opportunity to alter tenant mix over time and drastically increase the investment return as medical lease rates in this market are currently in the mid to upper 30's per SF NNN. This parcel also has a highly desirable future land use designation of CMU-35 which stands for Community Mixed Use – 35 units to the acre development density for a mixed use development. The development potential of such a land use also comes with a potential development FAR (floor-to-area ratio) of 2.0 meaning that this .81 acre parcel would have a maximum development potential of 28 units totaling a maximum of 71,700 SF of building improvements. There is currently 2,803 SF available between 2 suites and the cap rate is 5.30% at current occupancy with forecasted cap rate increase to 9.37% by mid 2027. Please view "Documents" section for access to Rent Roll and Lease information and contact us directly to discuss additional tenancy and P&L informationLease space available in this unique Midtown property located at the hard corner lighted intersection of N. Macdill Avenue and W. Cypress Street. The 8,494 SF building sits on a 35,850 square foot (.82 Acre), CG (Commercial General) zoned parcel just blocks away from the newly established “Midtown” district of Tampa, Florida. This site is conveniently located in the heart of a large high-density population with excellent access from major roads with an abundance of commercial activity and is one of the most rapidly redeveloping neighborhoods throughout the Tampa-St Petersburg MSA. The building currently consists of 7 units ranging from 793 SF up to 2,010 SF. This site is one of the few throughout the market with adequate parking (46 spaces or 6.2 spaces / 1000 SF) for medical users within such close proximity to serve the highly sought after South Tampa demographic. Current availability: Suite D - Upstairs - 793 SF - Initial estimated monthly rent: $1,499 (includes base rate $18.00 sf/yr NNN + CAM: $4.69) plus applicable sales tax Suite B/C - Downstairs - 2,010 SF - Initial estimated monthly rent: $6,146 (includes base rate $32.00 sf/yr NNN + CAM: $4.69) plus applicable sales tax

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Attachments

Spaces Available

Contacts

broker

Michael Braccia

Bay Street Commercial

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    73/100 Very Bikeable
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  • City Tampa, FL
  • Neighborhood Oakford Park
  • Zip Code 33607
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Downtown Tampa

    2.25 miles

  • Tampa

    2.57 miles

  • HSBC

    2.60 miles

  • Rental Car Center

    2.74 miles

  • AMALIE Arena

    2.78 miles

  • Publix

    2.89 miles

  • York Street

    2.90 miles

  • Cumberland Avenue

    2.91 miles

  • Cadrecha Plaza

    2.94 miles

  • Airside A

    2.94 miles

  • Marathon

    0.69 miles

  • Sunoco

    0.70 miles

  • Tampa - N Dale Mabry Hwy Supercharger

    0.77 miles

  • Wawa

    0.80 miles

  • Walmart

    0.81 miles

  • BP

    0.84 miles

  • Eaton

    0.92 miles

  • Amoco

    1.09 miles

  • Chevron

    1.15 miles

  • Tesla Supercharger

    1.28 miles

  • Grady Square Garage

    1.31 miles

  • Faculty/Staff/Student Parking

    1.40 miles

  • Delaware Parking Garage

    1.41 miles

  • West Parking Garage

    1.47 miles

  • Faculty/Staff Parking

    1.55 miles

  • Rick Thomas Parking Garage

    1.57 miles

  • South lot

    1.81 miles

  • Anchor Garage

    1.82 miles

  • William F. Poe Parking Garage

    1.88 miles

  • Royal Regional Parking Lot

    1.92 miles

  • Nacho's Tacos

    0.48 miles

  • Miguel's Seafood & Grill

    0.50 miles

  • Acropolis

    0.51 miles

  • Krispy Kreme

    0.52 miles

  • Popeyes

    0.57 miles

  • Castillo's Cafe & Catering Company

    0.58 miles

  • Colony Grill

    0.59 miles

  • Walk On's

    0.61 miles

  • True Food Kitchen

    0.62 miles

  • Sunda

    0.62 miles

  • Rollin' Oats

    0.04 miles

  • Walmart Supercenter

    0.69 miles

  • Whole Foods Market

    0.74 miles

  • Publix

    0.91 miles

  • Burlington

    1.00 miles

  • Target

    1.01 miles

  • Walmart Neighborhood Market

    1.11 miles

  • Mercado Latino

    1.28 miles

  • Winn-Dixie

    1.33 miles

  • Trader Joe's

    1.34 miles

Frequently Asked Questions

How much does retail space at 1001 N Macdill Ave cost?

The asking price for retail space at 1001 N Macdill Ave is $25.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1001 N Macdill Ave?

The property has 2,803 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1001 N Macdill Ave?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1001 N Macdill Ave.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1001 N Macdill Ave.

Is 1001 N Macdill Ave located in a popular area for retail businesses?

The property is part of Oakford Park, which is home to 2 other retail listings.

Other popular areas for retail businesses in Tampa St Petersburg Clearwater include Ybor, Downtown Tampa, Tampa Palms.

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Contact Listing Broker

broker

Michael Braccia

Bay Street Commercial

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