3603 W Hillsborough Ave - Fast Food FOR SALE


Tampa, FL 33614- Oak Grove
$1,750,000 USD
949-221-1814
3603 W Hillsborough Ave, Tampa, FL for Sale
$1,750,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

3603 W Hillsborough Ave
Tampa, FL 33614
Oak Grove


HIGHLIGHTS

  • BRAND NEW CONSTRUCTION, DOUBLE DRIVE-THRU 7 BREW COFFEE PROPERTY IN TAMPA FLORIDA
  • TAMPA FLORIDA: TOP 20 MSA IN UNITED STATES WITH MASSIVE POPULATION GROWTH
  • STRATEGIC LOCATION ON HILLSBOROUGH AVENUE (66,500 VPD): MAJOR TRAFFIC CORRIDOR IN FLORIDA
  • DIRECT ACCESS TO HIGHWAY 580 (70,500 VPD)
  • PAD TO WALMART GROCERY-ANCHORED SHOPPING CENTER
  • SUBJECT PROPERTY APPROX. ONE MILE FROM TAMPA BAY BUCCANEERS (NFL) STADIUM, PRACTICE FACILITY, AND HQ

OVERVIEW

FLORIDA BROKER OF RECORD - SCOTT AYRES DeYOUNG FL BK 3421401 Faris Lee Investments is pleased to present the rare opportunity to acquire a brand new, double drive-thru, long-term ground leased 7 Brew Coffee property in Tampa, Florida. The subject property fronts a Walmart grocery-anchored shopping center and surrounded by 313,500 residents within a 5-mile radius. The quick service restaurant has a fresh 15-year lease with 10% rental increases occurring every 5 years during the lease term. This brand new 7 Brew property has zero landlord responsibilities, which makes it the ideal investment opportunity for a passive or out-of-state investor looking for a high-performing QSR tenant with a strong brand identity, quality product, and explosive brand growth nationwide. The subject 7 Brew outparcel has exceptional frontage on Hillsborough Avenue (66,500 VPD) and sits adjacent to a 4-way signalized intersection, maximizing exposure with consumers. Additionally, the site benefits from the traffic created by nearby economic and social drivers: the Tampa International Airport, Tampa Bay Buccaneers Stadium, the New York Yankees Spring Training facility, multiple high schools. Tampa, located on Florida’s west coast, is the third largest city in Florida and has earned the reputation as one of the fastest growing cities in the United States.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$3,182 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee DT | Tampa FL | Abs NNN | 15 Yr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,228 SF

ZONING

CG

APN/PARCEL ID

A-33-28-18-9U3-000000-00004.1

ASK ABOUT THIS PROPERTY

Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

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Hunter SteffienFaris Lee InvestmentsMore Info
949-221-1814

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