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Mac Dill Shopping Center, also known as Bayshore Plaza, is a 21,643 square foot multi-tenant retail, office, and medical property constructed in 1986, situated at 3215-3217 South MacDill Avenue in the desirable South Tampa neighborhood of Florida, United States. Positioned along a high-traffic corridor one block from the scenic Bayshore Boulevard waterfront and near the luxury Ritz-Carlton Residences overlooking Tampa Bay, the center benefits from excellent visibility and accessibility via major routes including the Crosstown Expressway, Bay to Bay Boulevard, and South Dale Mabry Highway.
The tenant mix comprises long-established service-oriented businesses, medical practices, and small retailers focused on local needs, fostering a stable community hub. In Tampa's thriving retail landscape, marked by a low 3.4% vacancy rate, average rents of $26 per square foot on a triple net basis, and population exceeding 3.4 million with median household income around $77,000, this property holds a solid neighborhood position.
Leasing advantages include abundant walk-in traffic from affluent residents, limited new supply constraining competition, and 70 on-site parking spaces supporting operational efficiency. However, drawbacks encompass potential aging infrastructure challenges and proximity to larger regional malls like International Plaza and Hyde Park Village, which may draw premium shoppers away.
Overall, it suits retailers targeting everyday services in a growing, diverse market with strong demographic support from young professionals and families.
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Hours of Operation
Hours
| Monday | 09:00 AM — 08:00 PM |
| Tuesday | 09:00 AM — 08:00 PM |
| Wednesday | 09:00 AM — 08:00 PM |
| Thursday | 09:00 AM — 08:00 PM |
| Friday | 09:00 AM — 08:00 PM |
| Saturday | 09:00 AM — 08:00 PM |
| Sunday | 10:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile and Footfall
The surrounding South Tampa area features an affluent demographic with median household incomes surpassing $100,000, over 50% of residents holding bachelor's degrees or higher, and a mix of young professionals, families, and retirees drawn to the waterfront lifestyle. Footfall is driven by approximately 30,000 daily vehicles on South MacDill Avenue and pedestrian access from nearby high-rise condos and luxury homes, contributing to consistent local traffic. This supports steady retail performance, though seasonal tourism fluctuations near Tampa Bay could influence peak periods.
Tenant Mix and Occupancy Levels
Occupancy remains high, estimated above 90%, aligned with Tampa's market average of 96.6%, due to long-term tenants in service, medical, and retail categories that cater to daily community demands. The diverse mix minimizes vacancy risks by attracting complementary businesses, but limited space turnover—described as rare—may challenge new entrants seeking prime units. Operational quality is adequate with sprinkler systems and ample parking, though no recent renovations are noted.
Rent Levels, Competition, and Risks
Rent levels average $25-30 per square foot NNN, competitive for neighborhood centers amid Tampa's 35% rent growth over five years, offering value in a low-vacancy market. Risks include competition from upscale destinations like Hyde Park Village and International Plaza, potentially saturating luxury retail, and the property's 1986 construction raising maintenance concerns. Proximity to MacDill Air Force Base provides a stable military customer base, mitigating some economic volatility.
Building Details
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Tampa, FL
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City Snapshot
Tampa, FL
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