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.
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