4172-4174 E Hillsborough Ave - Auto Dealership FOR SALE


Tampa, FL 33610- Northeast Community
$749,000 USD
813-935-9600
4172-4174 E Hillsborough Ave, Tampa, FL for Sale
$749,000 USD
Auto Dealership - FOR SALE
1/11
null | 7.01% Cap Rate

4172-4174 E Hillsborough Ave
Tampa, FL 33610
Northeast Community


HIGHLIGHTS

  • Fully leased 7% Cap Rate!
  • Site Improvements: 1,791 GSF bldg. :: 1,635 GSF
  • Lot Dimensions: (approx.) 100’ x 210’ x 51’ x 157’ x 51’ x 55’
  • Zoned: CI (Commercial Intensive)
  • Seller financing available
  • Highest and best use: Retail storefront, automotive paint, automotive sales, tire shop

OVERVIEW

Seller financing available! 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!

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CI

APN/PARCEL ID

A-33-28-19-ZZZ-000005-69760.0

ASK ABOUT THIS PROPERTY

Tina Marie EloianFlorida Commercial GroupMore Info
813-935-9600

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

Tina Marie EloianFlorida Commercial GroupMore Info
813-935-9600

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