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8501 Hillsborough Avenue

Anthony Blanco Of TSCG Represents Seller In $12.7M Sale Of Buccaneer Square In Tampa
SOLDRetail

Anthony Blanco Of TSCG Represents Seller In $12.7M Sale Of Buccaneer Square In Tampa

8501 Hillsborough Avenue

$12,700,000

$122/SF

Building Size

103,813 SF

Asset Type

Retail

Closing

Oct 16, 2025

AI

The transaction involved the sale of Buccaneer Square, a retail shopping center located at 8501 West Hillsborough Avenue in Tampa. The property spans 103,813 square feet and was sold for $12,700,000, equating to a price per square foot of $122. The shopping center was anchored by Aldi and was 91% leased at the time of closing.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,700,000
  • Square Footage: 103,813
  • Address: 8501 West Hillsborough Avenue
  • Market: Tampa
  • Price per Square Foot: $122
  • Seller Representation: Anthony Blanco - TSCG (The Shopping Center Group)
  • Buyer: Out-of-state private investment group
  • Seller: Private partnership

Anthony Blanco of TSCG represented the seller in this transaction, facilitating the successful sale to a private investment group from out of state. The deal exemplifies an effective collaboration between the involved parties to complete the transaction.

Players

Anthony Blanco

TSCG (The Shopping Center Group)

Broker

$105M

vol

8 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

1.25%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93