712 S COLLINS ST PLANT CITY FL 33563-5516
Single Tenant Net Leased Investment with Redevelopment Potential
Marketing description
712 S. Collins Street presents an exceptional opportunity to acquire a fully leased single tenant net leased investment in the heart of Plant City, Florida. Offered at $1,100,000, the property consists of a 5,340 square foot freestanding commercial building situated on approximately 0.76 acres with excellent visibility and frontage along South Collins Street.
The property is occupied by a well established local restaurant operator with multiple locations throughout the Tampa Bay area. The tenant operates under a modified NNN lease with 2.5% annual rent increases, providing consistent income growth while minimizing landlord responsibilities. The current lease extends through November 30, 2029, with one additional five year renewal option, offering investors stable in place cash flow and long term income potential.
Beyond the existing income stream, the property's generous site size and commercial zoning provide exceptional long term redevelopment and repositioning potential as Plant City continues to experience strong residential and commercial growth. This offering presents an attractive opportunity for investors seeking a stabilized asset with immediate cash flow, contractual rent growth, and future appreciation in one of the Tampa Bay area's fastest growing markets. Owner is a Licensed Florida Real Estate Broker.
Investment highlights
Single Tenant Net Leased Investment
5,340 SF Freestanding Building
0.76 Acre Commercial Site
Modified NNN Lease
2.5% Annual Rent Increases
Lease Through August 2028
Established Multi Location Restaurant Tenant
Stable In Place Cash Flow
Redevelopment Opportunity
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
