Tampa E. Busch Blvd Investment Opportunity — Sale in Tampa, FL

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Office
  • Location: Tampa, FL 33617
  • Size: 2,112 SF
  • Year built: 1978

Investment Figures

Cap rate
5.34%
Price per square foot
$521

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marketing description Prime investment opportunity featuring a fully leased commercial property occupied by Enterprise Rent-A-Car with approximately three years remaining on the current lease term. Situated on a highly visible corner parcel with approximately 140 feet of road frontage, this income-producing asset offers immediate cash flow and long-term upside potential. The property consists of a masonry commercial building on a generously sized lot with ample on-site parking and convenient ingress and egress. A major value-added feature is the existing approximately 600-amp, 3-phase electrical service—a substantial and costly infrastructure improvement that can support a wide range of power-intensive commercial operations. This enhanced electrical capacity provides exceptional flexibility for future users and can represent significant savings compared to installing similar service today. Previously operated as a restaurant, the property offers a unique opportunity for investors and business owners seeking a site with a history of food service use and infrastructure capable of accommodating a variety of commercial, retail, restaurant, automotive, or service-oriented businesses. Zoned for commercial general use, the site supports numerous potential applications while benefiting from strong visibility and accessibility. Investors will appreciate the stability of a nationally recognized tenant, while also benefiting from the property's strategic location, substantial land footprint, robust utility infrastructure, and potential for future redevelopment, expansion, or repositioning. Whether added to an investment portfolio for reliable income or held for future value enhancement, this is a rare opportunity to acquire a leased commercial asset with built-in cash flow and exceptional long-term potential. Building SF: 2112 | Land Size: 22680.0 SF | Year Built: 1978 | Listing Type: FOR SALE

Market Context

This office in Tampa, FL is listed for sale at $1,100,000 across 2,112 SF. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1978. It has been on the market for 53 days. Compare it against other office listings for sale in Tampa, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: multiple brokerage reports, Q1 2026.

Its 5.3% asking cap rate is below the Tampa office market average of about 7.4%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per multiple brokerage reports.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

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