Asana Partners Investments Acquires Retail Asset From For $36M In Tampa
14303 North Dale Mabry Highway
$36,000,000
$349/SF
Building Size
103,053 SF
Asset Type
Retail
Closing
Mar 24, 2025
About this deal
AI
The retail asset sold is located at 14303 North Dale Mabry Highway in Tampa. The property encompasses 103,053 square feet and was built in 1985. Selling for $36,000,000, the property achieved a price per square foot of approximately $349 and was 97% occupied at the time of sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $36,000,000
- Buyer: Asana Partners Investments
- Seller: , L.L.C.
- Broker: Thano Mazas - Mazi Realty
- Square Footage: 103,053
- Price per Square Foot: $349
- Occupancy Rate at Sale: 97%
- Year Built: 1985
Thano Mazas of Mazi Realty, LLC played a crucial role in facilitating the transaction, working diligently to ensure satisfaction for both the buyer and seller. This sale set a record-breaking price per square foot in the Carrollwood area of Tampa for this type of property.
On the Map
$36,000,000
$349/SF
Retail
View full map
Players
Tampa Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Thano Mazas to view all their deals.
Browse Tampa retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93