1920 Bloomingdale Ave - Freestanding FOR SALE


Valrico, FL 33596
$2,624,000 USD
703-477-1315
1920 Bloomingdale Ave, Valrico, FL for Sale
$2,624,000 USD
Freestanding - FOR SALE
1/9
null | 5.45% Cap Rate

1920 Bloomingdale Ave
Valrico, FL 33596


HIGHLIGHTS

  • Recently-Extended Net Lease with Four, 5-Year Renewal Options
  • 10% Rent Increases in Each Renewal Option (Except for the Third Option which includes a 8% Increase)
  • Recent Renovations in 2025 | New Interior Partitions, Finishes, Furniture, Special Equipment, Millwork & Exterior Patio Furniture
  • Outparcel to a Shopping Center Anchored by Walmart Supercenter & Further Tenanted by Chick-fil-A, Wendy's, Tijuana Flats, Andy's Frozen Custard, etc.
  • Excellent Access & Visibility Along Bloomingdale Avenue (38,500 VPD), just 1 Mile East of its Intersection with Bell Shoals Road (19,500 VPD)
  • Tampa, FL MSA Advantage (MSA Population: 3.36M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 2,118-square-foot Starbucks Coffee situated on 0.69 acres in Valrico, FL — part of the Tampa-St. Petersburg-Clearwater, FL MSA (Population: 3.36M). Originally set to expire in 2027, Starbucks’ net lease was extended early for an additional 7 years through 2034 and now features ±8.9 years of term remaining. Rent increases by 10% in 2029 and in each of the four 5-year renewal options (except for the third option which includes a 8% increase). The building was constructed in 2017 and recently renovated in 2025. Improvements include new interior partitions, finishes, furniture, special equipment, millwork, and exterior patio furniture.

FOR SALE DETAILS

PRICE

$2,624,000 USD

PRICE/SF

$1,239 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

TND

APN/PARCEL ID

U-06-30-21-A43-000000-0003A.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.