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28680608
28942016

3601 E Busch Blvd, Tampa, FL 33612 For Sale

EK
FL BK3123414, OH BRKP.2014002153
Century 21 J W Morton Real Estate Inc
Listed by Century 21 J W Morton Real Estate Inc
$1,650,000
235 days on market
Updated 52 days ago

Prime Two-Story Commercial Corner Across From Busch Gardens

Details
APN A-20-28-19-45W-G00000-00001.0
Property Type Office, Retail
Sub Type Convenience Store, Creative Office (+1)
Square Footage 5,242
Net Rentable (SqFt) 4,792
Units 2
Tenancy Vacant
Brand/Tenant Other
Price per SqFt $315
Broker Co-Op Yes
Class C
Year Built 1978
Year Renovated 2006
Buildings 1
Stories 2
Acreage 0.200
Zoning CG
Investment Type Owner/User
Ownership Fee Simple

5,242 SF | 8.56% Cap Rate | Rare Signage Rights

Marketing description

Located Directly across from the Busch Gardens main entrance, this high-exposure two-story commercial building totals 5,242 SF (2,121 SF/Floor) plus a 300 SF detached garage on 0.20 acres, featuring grandfathered, oversized signage you simply can’t recreate today. The site offers 13 onsite parking spaces, 70 feet of frontage on Busch Blvd (43,000 AADT) and 127 feet on Edman Place, with full east/west ingress and a built-in deceleration lane for seamless access. Located just two blocks from the N 40th St intersection (37,500 AADT), the property captures 80,500+ vehicles per day of combined exposure.

Configured as a multi-tenant building but currently operated by a single user, the property delivers a strong 8.56% cap rate with upside through lease restructuring, rent adjustments, or full/partial owner-occupancy. Strategically positioned in the heart of Tampa/St. Petersburg MSA—now the 18th-largest and one of the fastest-growing in the U.S. this corridor benefits from exceptional connectivity to I-275, I-4, the Veterans Expressway (589), Downtown Tampa, Temple Terrace, the University submarket, and major employment centers all within a 15-minute drive.

The trade area supports a population of 305,560+ residents, a median income of $53,400, and some of the region’s strongest consumer expenditure profiles—ideal for restaurant/QSR (with drive-thru), coffee, medical/professional office, retail, experiential, tourism-oriented, or service-based uses. With irreplaceable visibility, flexible configuration, and excellent fundamentals, this asset offers both a stable income stream and an exceptional long-term commercial foothold in one of Tampa’s highest-traffic destinations.

Unmatched Highway & Regional Connectivity: This corridor is one of Tampa’s most strategically linked commercial arteries. Busch Blvd (US-580) functions as a direct connector between:

  • I-275 (5 minutes west) – the spine of the Tampa Bay region with direct access to Downtown Tampa, Tampa International Airport, South Tampa, and St. Petersburg.

  • I-75 (12 minutes east) – providing arterial access to Wesley Chapel, Pasco County, Sarasota, and the state’s core logistics/industrial spine.

  • I-4 (8 minutes south) – Florida’s primary east–west freeway tying Tampa to Orlando, Lakeland, and the entire Central Florida distribution corridor.

  • Veterans Expressway / SR 589 (15 minutes west) – linking the property to the affluent Carrollwood, Citrus Park, and Westchase submarkets, and northward toward rapidly growing Hernando County.

This strategic interconnection puts the property within 15–20 minutes of every major population and job node in the Tampa/St. Petersburg MSA.

At the Heart of One of America’s Fastest-Growing MSAs

The Tampa–St. Petersburg MSA is the 18th largest in the U.S., with:

  • 3.3+ million residents

  • Steady 2–3% annual population growth

  • Significant inward migration from high-density metros

  • A rapidly expanding commercial base driven by medical, tech, hospitality, education, and logistics sectors

Within a 15-minute drive radius of the subject property:

  • Population: 305,560+ residents and rising

  • Median Household Income: $53,400

  • Workforce: heavily concentrated in healthcare, education, operations, hospitality, and tourism

  • Tourism Traffic: Busch Gardens and Adventure Island collectively generate 4+ million annual visitors

Dominant Traffic Exposure – 80,500 Vehicles Per Day

The property pulls from two primary corridors:

  • Busch Blvd (US-580) – 43,000 AADT

  • N 40th Street – 37,500 AADT

  • Combined daily circulation: 80,500+

This makes it one of the highest-exposure corners in North Tampa, benefiting from:

  • Constant tourism traffic entering/exiting Busch Gardens

  • Heavy commuter flow between I-275, I-4, and US-41

  • University of South Florida (50k students + staff) movement

  • Dense local residential and workforce mobility in the Temple Terrace and North Tampa districts

Surrounding Economic & Institutional Anchors

Within minutes you have:

  • Busch Gardens + Adventure Island (major tourism engine)

  • University of South Florida (USF) – 50,000+ students; Tier-1 research hub

  • Moffitt Cancer Center – one of the nation’s leading cancer research institutions

  • VA Hospital, AdventHealth, and USF Health medical cluster

  • North Tampa tourism, hospitality, and entertainment corridor

  • Dense multifamily and workforce housing zones

This ecosystem provides one of the highest sustained daytime populations in Tampa.

Ideal Uses Supported by Consumer Expenditure Data

Strong area spending supports expansions in:

  • QSR / drive-thru concepts

  • Sit-down restaurants

  • Coffee / beverage

  • Medical or dental office

  • Professional services

  • Tourism-adjacent retail

  • Experiential and entertainment

Demand profiles in the trade area significantly outperform national averages in dining, entertainment, convenience retail, and personal services.

Investment highlights

Disclaimer to the consumer:
This report is provided strictly for analysis and assumption purposes only. All financial models, development scenarios, and valuation estimates are based on hypothetical inputs and public information available at the time of preparation. The projections herein are not guaranteed, and no warranty or representation is made regarding the accuracy, completeness, or feasibility of any statements or conclusions presented. All data, including fill costs, rents, cap rates, and construction assumptions, must be independently verified through appropriate licensed professionals, engineers, surveyors, and governmental authorities prior to any investment, acquisition, or development decisions. The broker, its affiliates, and associated parties do not warrant or guarantee any outcome based on this analysis.

Listing Contacts

EK
FL BK3123414, OH BRKP.2014002153
Century 21 J W Morton Real Estate Inc
Listed by Century 21 J W Morton Real Estate Inc

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Additional Information

Name
Elias George Kirallah
License
BK3123414
Brokerage
C21 Commercial JW Morton Real Estate Inc.
Brokerage Phone
352-400-2635
Brokerage Address
209 9th Avenue North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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