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10250 Causeway Boulevard

Marcus & Millichap Sells The Village At Causeway Retail Center In Tampa For $12.9M
SOLDRetail

Marcus & Millichap Sells The Village At Causeway Retail Center In Tampa For $12.9M

10250 Causeway Boulevard

$12,900,000

$463/SF

Building Size

27,860 SF

Asset Type

Retail

Closing

May 16, 2025

AI

A retail center located at 10250-10314 Causeway Boulevard in Tampa has been sold for $12,900,000. The property encompasses 27,860 square feet and was transacted at a price per square foot of $463. It features 13 tenants, including Jimmy John’s and Canopy Road Café.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,900,000
  • Square Footage: 27,860
  • Price per Square Foot: $463
  • Address: 10250-10314 Causeway Boulevard
  • Market: Tampa
  • Tenants: 13

The deal was facilitated by Marcus & Millichap, with brokers Zach Taylor, Eric Abbott, Evan Cannan, Reid Thedford, and Ryan Nee representing the Tampa-based seller and procuring the buyer for this institutional strip center.

Players

Reid Thedford

Marcus & Millichap

Broker

$21.4M

vol

3 deals

Broker

Tampa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.23%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93