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29108345
29108346

3502 Tampa Road, Oldsmar, FL 34677

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$1,497,000
28 days on market
Updated 28 days ago

NNN Kahwa Coffee - Tampa-Clearwater (Oldsmar) FL

Details
APN 15-28-16-62931-000-0020
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 440
Cap Rate 6.3%
NOI $94,300
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dutch Bros. Coffee (+1)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2040
Remaining Term 14
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 0.260
Zoning ROR: Residential/Office/Retail
Parking Spaces 5 spaces
Parking Per SqFt 11.36
Investment Type Net Lease
Lease Commencement 05/28/2025
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

15 Year Abs. NNN Lease | Corporate Guarantee | 2.50% Increases Annually

Marketing description

Introducing an exceptional investment opportunity at 3502 Tampa Road, Oldsmar, Florida - a single-tenant property with a Corporate Lease Signature by Kahwa Coffee. With a net operating income of $92,000 and a cap rate of 6.00%, this property offers a stable income stream and attractive returns for investors. Featuring a 15-year lease with 4 (5-year) extension options, this absolute NNN property guarantees annual rent increases of 2.50%. Kahwa Coffee, a rapidly growing brand with an eye for quality and service excellence, is committed to expanding its customer base. The property requires zero landlord responsibilities, making it a hassle-free investment opportunity. Benefit from fee simple ownership, no state income tax, and a prime location within the Tampa-Clearwater MSA. Don't miss the chance to own this lucrative investment with a blue-chip tenant and strong lease terms.

Investment highlights

  • 15-Year Lease | Options To Extend | Annual Rent Increases | Growing Brand

  • Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities

  • Fronting Tampa Road (49,500 VPD) | Surrounding Retailers | Drive-Thru Equipped | 2025 Construction

  • Dense Demographics In 5-mile Trade Area | Six-Figure Incomes

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$94,300.00
$7,858.33/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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