4172-4174 East Hillsborough Avenue Prime E. Hillsborough Avenue
Retail | 7.00% CAP | 3,426 SqFt
Marketing description
Florida Commercial Group is pleased to present this fully leased acquisition opportunity. This freestanding retail property with a 10-year lease in place is now available for sale. Ideal for a range of businesses, such as retail store, Office, automotive paint, service and body repair, automotive sales, tire shop, mechanic shop, professional services or service-oriented businesses (electrical, plumbing, landscaping, HVAC, solar and roofing). Various businesses can do well here making this an ideal investment location. Currently leased by a towing company; the front 1,791 SF building is quite functional, offering a small office/ reception area, two bays for body work to include a drying station, 12 ft ceilings, the property is fully fenced. The second 1,635 SF building to the rear of the property may be used for a car lot or additional business operations. The front building also includes wall mounted signage that provides excellent visibility and exposure to the thousands of daily commuters traveling along E. Hillsborough Avenue. With tremendous traffic flow and good foot traffic in the area, this property is perfectly positioned to maximize any business potential. Approximately 47,000+/- vehicles pass by this location daily as East Tampa is thriving and growing remarkably! Situated in the heart of several stable residential neighborhoods, this property is enveloped by over 42,989 households housing more than 103,156 residences within three miles. Solid demographics and limited competition within the immediate area make this an ideal location for a wide variety of investors, entrepreneurs and small business owners. The demographics for the area averages household income of $44,346 within a 3-mile radius. The subject site is a short commute to 40th Street, 56th Street, Interstate 4, Busch Blvd, Dr. Martin Luther King Jr. Blvd., Nebraska Avenue and Interstate 275. Downtown Tampa, USF, Temple Terrace, North Tampa and Interstate 75 are also centrally located to this site. Call for additional property details and come invest in growing East Tampa today!
Investment highlights
- Landlord is calling all investors, entrepreneurs, small business owners and enthusiasts!
- 100% leased
- 7% Caprate
- 1,635 SF building to the rear of the property may be used for a car lot or additional workspace
- Front building measures 1,791 SF
- Some Seller financing available
- Excellent frontage along E. Hillsborough Avenue
- Fantastic visibility
- Tremendous signage opportunities
- Immediate availability, move-in ready
- Highest and best use: Storefront retail, service and body repair, automotive sales, tire shop or mechanic shop
- Zoned CI (Commercial Intensive)
- (2) Freestanding buildings
- Includes small 240 SF office w/ restroom
- Onsite storage shed
- 2 grade level bay doors
- Lots of room for equipment and vehicles
- Features 12 ft ceiling heights, paint station w/ air filtration, air compressor, lift and ample yard space
- Fully metal fenced and gated for security
- 0.31 acre lot
- Situated in the heart of East Tampa
- High traffic corridor (47,000 VTD)
- Flourishing area near thriving commercial commerce, residential neighborhoods, schools, public transportation and major thoroughfares
- Close proximity to 40th Street, 56th Street, Interstate 4, Busch Blvd, Dr. Martin Luther King Jr. Blvd., Nebraska Avenue and Interstate 275 along with excellent accessibility to and from Downtown Tampa, USF, Temple Terrace, North Tampa, Interstate 75 and all of the Greater E. Tampa area
- Located in a qualified HUB Zone
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