www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32631484
32631601

3618 Lithia Pinecrest Rd, Valrico, FL 33596 For Sale

JG
FL SL3273659
CBRE - Tampa
JS
FL SL3347780
CBRE - Tampa
Listed by CBRE - Tampa
$2,773,000
65 days on market
Updated 65 days ago

Grease Monkey - Valrico

Details
APN U-07-30-21-ZZZ-000004-29520.0
Property Type Retail
Sub Type Auto Shop
Square Footage 2,100
Cap Rate 5.50%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Rent Bumps Yes
Lease Options Two (2) 5-year options
Class A
Year Built 2026
Acreage 0.630
Investment Type Net Lease
Lease Commencement 06/01/2026
Ground Lease No

Retail | 5.50% CAP | 2,100 SqFt | 2026 Construction | Low Rent | 15-Year Absolute NNN Lease

Marketing description

CBRE is pleased to present an opportunity to acquire a brand new (currently under construction) single-tenant property leased to Grease Monkey, an oil change and auto service station concept. The tenant signed a new 15-year, absolute NNN Lease, relieving the landlord of operational and capex expenditures over the life of the lease. The parcel is located in Valrico, Hillsborough County, Florida, just 14 miles east of downtown Tampa.

Grease Monkey is a high-visibility, auto-service investment strategically positioned along a key retail and commuter corridor serving Brandon, Valrico, and the surrounding southeast Hillsborough County trade area. The property benefits from strong daily traffic and excellent consumer exposure, supporting strong branding value for the tenant. Located in one of Hillsborough County's most established suburban markets, the surrounding area is supported by dense rooftops, strong commuter patterns, and an active commercial environment that drives repeat visits and long-term demand. The Valrico and Brandon trade area includes a substantial residential population and a stable base of household spending, underscoring the strength of the surrounding consumer base for auto-oriented and service-based tenants.

Grease Monkey is a well-recognized national automotive service brand with a business model centered on routine maintenance, repeat customer needs, and convenience. The company's established platform and consumer relevance position it as a durable tenant within the essential-service retail space. With automotive service remaining a necessity-driven category, this asset offers attractive long-term fundamentals, durable tenant demand, and strong market-driven real estate characteristics in one of the most active suburban growth areas in the Tampa Bay region.

Investment highlights

  • Absolute NNN Lease - No Landlord Responsibilities
  • New 15-Year Base Term with Two (2) 5-Year Options
  • 2% Annual Rent Increases
  • Lease Term: 180 months (15 years) Commencing Upon Building Delivery to Tenant
  • Renewal Options: Two (2) x Five (5) year options (25 years total potential term)
  • Brand New Construction
  • Passive Cash Flow with Upside
  • Dense, Steady Trade Area
  • Building Size: 2,100 SF (Three-Bay Oil Change Facility, Block Construction)
  • Located on Lithia Pinecrest Road at a signalized intersection, Valrico's Primary Retail Corridor
  • Hillsborough County Is Pursuing a $310 Million Road Improvement Project Along 7.5 Miles of Lithia Pinecrest Road, Signaling Long-Term Public Investment in Corridor Capacity and Accessibility
  • Valrico's Population Is Projected to Grow by Over 8,000 Residents Through 2050, Expanding the Tenant's Customer Base Throughout the Lease Term and Into Both Option Periods

Listing Contacts

JG
FL SL3273659
CBRE - Tampa
JS
FL SL3347780
CBRE - Tampa
Listed by CBRE - Tampa

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591