Orlando Private Investor Acquires Telecom Village Retail Center In Tampa For $4M
A retail center known as Telecom Village, located at 7201 East Fletcher Avenue in Tampa, has been sold for $4,000,000. This property encompasses 6,323 square feet and sits on 1.09 acres of land. The sale reflects a price per square foot of $633 and a cap rate of 6.21%. Built in 2022, the center is fully leased with tenants including Foxtail Coffee Co., Zoom Tan, and Hummus Republic.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Sale Date: 02/04/2025
- Address: 7201 East Fletcher Avenue, Tampa
- Asset Size: 6,323 SF
- Price per Square Foot: $633
- Acres: 1.09
- Cap Rate: 6.21%
- Brokers: Patrick Nutt & William Wamble - SRS Real Estate Partners
- Buyer: Orlando private investor
This transaction featured the representation of brokers Patrick Nutt and William Wamble, who facilitated the deal through SRS Real Estate Partners. Their expertise contributed to the successful closing of this retail asset transaction.
Learn More: Orlando Private Investor Acquires Telecom Village Retail Center In Tampa For $4M