6602 Gunn Hwy - Auto Repair FOR SALE


Tampa, FL 33625- Citrus Park
$3,738,000 USD
202-361-3050
6602 Gunn Hwy, Tampa, FL for Sale
$3,738,000 USD
Auto Repair - FOR SALE
1/4
null | 5% Cap Rate

6602 Gunn Hwy
Tampa, FL 33625
Citrus Park


HIGHLIGHTS

  • Long term lease—12.7 Years remaining
  • Corporately Guaranteed NNN Lease—U.S. parent company guar antee from TBC Corporation plus a guarantee from Sumitomo of America, the parent of TBC Co
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Strong Demographics with 223,570+ population in a 5 mile radi us, and a $84,937 Average Household Income in a 5 mile radius
  • Rent Bumps Every 5 years based on the CPI
  • Dense Residential area with over 10,000 population in a 1 Mile Radius and located 1 mile from Citrus Park Mall

OVERVIEW

Triple Net Investment Group is proud to present the Tire Kingdom located on 6602 Gunn Highway, Tampa, FL. The tenant Tire Kingdom initially signed a 25 year NNN lease which commenced on December 2012, leaving over 12.7 years remaining on the lease. The Tire Kingdom property is situated on a lot size of 1.19 Acres and has a building size of 6,922 Sq ft. This location features strong demographics with an estimate of 223,570 population, 89,604 Household count, and an Average Household income of $84,937 - all in a 5 mile radius. The lease is Guaranteed by Tire Kingdom with a U.S. parent company TBC Corporation plus a guarantee from Sumitomo of America, the parent of TBC Corporation. In association with FL Broker of records: Andrew Knight of New England Commercial

FOR SALE DETAILS

PRICE

$3,738,000 USD

PRICE/SF

$537 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Tire Kingdom Price Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

PD

APN/PARCEL ID

U-12-28-17-ZZZ-000000-29290.0

ASK ABOUT THIS PROPERTY

Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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