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Steve Rhodes Acquires Retail Asset On North Dale Mabry Highway In Tampa For $22.83M

Property Image
SOLD
$22,826,087
Ronnie Issenberg
Ricardo Esteves
+ 2

Florida

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Retail167,000 SF
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Property Image
SOLD

Steve Rhodes Acquires Retail Asset On North Dale Mabry Highway In Tampa For $22.83M

12901 North Dale Mabry Highway

See Similar Deals
Retail167,000 SF
Sold
Ronnie Issenberg
Ricardo Esteves
+ 2
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$136
Total Square Footage:167000 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 12901 North Dale Mabry Highway in Tampa, featuring a retail asset type. The sale price reached $22,826,087, with a total square footage of 167,000, which equates to a price per square foot of $136.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $22,826,087
  • Address: 12901 North Dale Mabry Highway
  • Market: Tampa
  • Square Footage: 167,000
  • Price per Square Foot: $136
  • Buyer: Steve Rhodes
  • Buyer’s Representatives: Ronnie Issenberg, Gabriel Britti, Ricardo Esteves & Kevin O'Hanlon - Marcus & Millichap

This transaction was facilitated by a team of representatives from Marcus & Millichap, indicating a collaborative effort in the negotiations. The professionals involved include Ronnie Issenberg, Gabriel Britti, Ricardo Esteves, and Kevin O'Hanlon, who provided their expertise throughout the process.

Players

Gabriel Britti
65 deals$469.9M volume(786) 522-7017
BROKER

Ricardo Esteves
Marcus & Millichap
60 deals$419.6M volume(786) 522-7054
BROKER

Ronnie Issenberg
Marcus & Millichap
67 deals$479.8M volume(786) 522-7013
BROKER

Kevin O’Hanlon
Marcus & Millichap
4 deals$71.6M volume
BROKER

Details

SOLD
IMAGE: Kevin O'Hanlon, Ricardo Esteves, Gabriel Britti & Ronnie Issenberg DATE: 01/27/2026 ADDRESS: 12901 North Dale Mabry Highway MARKET: Tampa ASSET TYPE: Retail BUYER: Steve Rhodes BUYER'S REP: Ronnie Issenberg (@RonIssenberg), Gabriel Britti (@Gabriel.Britti), Ricardo Esteves (@Ricardo_Esteves) & Kevin O'Hanlon - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $22,826,087 SF: 167,000 ~ PPSF: $136

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,217,391.30

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$81,096.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$108,207.30
Annual Debt Service$1,298,487.57