Listed by SRS Real Estate Partners Tampa
$2,536,000
Sherwin-Williams - Tampa FL
Details
APN A2329184SB000011000100
Property Type Retail
Sub Type Storefront
Square Footage 3,500
Cap Rate 5%
NOI $126,788
Occupancy 100%
Tenancy Single
Brand/Tenant Sherwin-Williams
Lease Type NN
Lease Term 5
Lease Expiration 07/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options 5 (5-Year)
Price per SqFt $725
Broker Co-Op Yes
Year Built 1947
Year Renovated 2007
Buildings 1
Stories 1
Acreage 0.190
Zoning CG - Commercial General
Parking Spaces 5 spaces
Parking Per SqFt 1.43
Investment Type Net Lease
Lease Commencement 08/01/2023
Ground Lease No
Ownership Fee Simple
Prime SoHo Tampa Location
Investment highlights
Corporate Signed Lease | 10% Rent Increases | Established Tenant | Below Market Rent
NN Lease | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
Located in One of Tampa’s Most Valuable Retail Corridors | Strong Frontage | Close to Major Tampa Demand Drivers
Strong Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Tampa
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,788.00
$10,565.67/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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