14202 US Highway 301 S - Fast Food FOR SALE


Riverview, FL 33578- Southeast Tampa
$3,281,132 USD
703-477-1315
14202 US Highway 301 S, Riverview, FL for Sale
$3,281,132 USD
Fast Food - FOR SALE
1/3
null | 5.3% Cap Rate

14202 US Highway 301 S
Riverview, FL 33578
Southeast Tampa


HIGHLIGHTS

  • Located roughly 8 miles from downtown Riverview
  • Excellent access and visibility at the signalized intersection of U.S. Highway 301
  • Brand New 15-Year Net Lease | New Construction
  • Part of the Upcoming Sumner Crossing Shopping Center
  • Tampa, FL MSA (Population: 3.29M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 2,500-square-foot freestanding Starbucks (S&P: BBB+) situated on 1.06 acres in Riverview, Florida—a component of the Tampa MSA (MSA Population: 3.29M+). Newly constructed, Starbucks’ lease commenced in July 2024 and features ±14.5 years of primary term with a 10.00% rent increase in year 6 followed by a 3.67% increase in year 11. Originally a 10-year lease, Starbucks recently extended its lease for an additional 5 years through 2039. During the six 5-year renewal options, rent is flat in the first option then increases by 10% per option starting in the second option.

FOR SALE DETAILS

PRICE

$3,281,132 USD

PRICE/SF

$1,312 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks: Riverview, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

PD

APN/PARCEL ID

U-20-31-20-ZZZ-000003-16160.0

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.