Ryan Moore Of Last Mile Investments Acquires Retail Center In Oldsmar For $8.35M
3970 Tampa Road
$8,350,000
$312/SF
Building Size
26,717 SF
Asset Type
Retail
Closing
Sep 26, 2026
About this deal
AI
Last Mile Investments purchased the retail center located at 3970 Tampa Road in Oldsmar, Florida, for $8.35 million. The property encompasses 26,717 square feet and was fully occupied at the time of sale. It is part of a larger asset near an 8-acre city-owned redevelopment site.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,350,000
- Square Footage: 26,717
- Price Per Square Foot: $313
- Buyer: Ryan Moore - Last Mile Investments
- Broker: Mark Shellabarger - LQ Commercial Group
The transaction was facilitated by broker Mark Shellabarger from LQ Commercial Group, representing the buyer, Ryan Moore. Last Mile Investments plans to implement a façade renovation to modernize the property following the acquisition.
On the Map
$8,350,000
$312/SF
Retail
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Players
Oldsmar 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
1.90%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93