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12901 North Dale Mabry Highway

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

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

12901 North Dale Mabry Highway

$22,826,087

$136/SF

Building Size

167,000 SF

Asset Type

Retail

Closing

Jan 26, 2026

AI

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

Marcus & Millichap

Broker

$502.2M

vol

70 deals

Broker

Steve Rhodes

Buyer

$7.8M

vol

2 deals

Buyer

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

0.69%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93