Cali's Smoke Shop | Prime South Tampa Location — Sale in Tampa, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Tampa, FL 33606
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
PRIME SOUTH TAMPA LOCATION • Positioned on W Platt St in the desirable South Tampa/Courier City area. • Approximately 1 mile from Hyde Park Village, offering convenient access to upscale shopping, dining, and entertainment. • Near Bayshore Blvd, Tampa’s premier waterfront and pedestrian destinations. • Surrounded by established residential neighborhoods, restaurants, retail, offices, and entertainment destinations. VISIBILITY & ACCESS • Prominent frontage and visibility along W Platt St provide strong exposure for the property. • Convenient access to Downtown Tampa via Platt St and Kennedy Blvd. • Downtown Tampa is generally just a short drive from this South Tampa location. WESTSHORE & AIRPORT ACCESS • A short drive connects the property to Tampa’s major Westshore Business District, home to a strong concentration of employment, office, hotel, retail, and dining destinations. • Convenient access to International Plaza and Bay Street, a major shopping and dining destination near Westshore. • Tampa International Airport is approximately 5 miles west of Downtown Tampa, with convenient access from South Tampa. • Provides convenient connectivity to I-275 and the surrounding Tampa area. Investment Highlights: • PRIME SOUTH TAMPA LOCATION • Positioned on W Platt St in the desirable South Tampa/Courier City area. • ~1 mile from Hyde Park Village, offering convenient access to upscale shopping & dining. • VISIBILITY & ACCESS • Prominent frontage and visibility along W Platt St provide strong exposure for the property. • Convenient access to Downtown Tampa via Platt St and Kennedy Blvd. • WESTSHORE & AIRPORT ACCESS • A short drive connects the property to Tampa's Westshore Business District, home to a strong concentration of employment, office, hotel, retail, and dining destinations.
Market Context
This retail in Tampa, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Tampa, FL — view the full market.
As of Q4 2025, the Tampa retail market showed a 3.4% vacancy rate, average asking rents near $27.49/SF/yr, and rents up 4.5% year over year. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Tampa retail market tightening or softening?
- Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).
Estimated Price per SF
$105.89/SF – $770.11/SF
Mid: $320.88/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Reid Thedford · (813) 387-4726 · reid.thedford@marcusmillichap.com
- Evan Cannan · (813) 387-4765 · evan.cannan@marcusmillichap.com
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
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