1225 S 78th St | Tampa, FL 33619
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- LoopNet Team
1225 S 78th St
Tampa, FL 33619
7.4% CAP RATE- TAMPA CITGO (20-YR NNN LSE)! · Retail Property For Sale
Investment Highlights
- NEW 8-PUMP CITGO GAS STATION WITH SIGNATURE "GO MARKET" C-STORE IN TAMPA, FL! LOCATED DIRECTLY ON US-HWY 573!
- 7.4% CAP RATE IN 2025! 8% CAP RATE IN 2030!
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, TANKS, PUMPS, FRONT CANOPY, SIGNAGE, W PAINT AND A NEWLY RENOVATED INSIDE STORE WITH MANY INTERIOR UPDATES!
- 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 7.5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE!
- 9% CAP RATE IN 2035! 9.3% CAP RATE IN 2040! 10% CAP RATE IN 2045!
- STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,069 SF
Building Class
C
Year Built/Renovated
1961/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.35 AC
Zoning
CN - Conv Store/ Gas Station
Parking
10 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Banking
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Car Charging Station
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | U-26-29-19-663-000001-54580.0 | Improvements Assessment | $388,600 |
| Land Assessment | $131,600 | Total Assessment | $520,200 |
Property Taxes
Parcel Number
U-26-29-19-663-000001-54580.0
Land Assessment
$131,600
Improvements Assessment
$388,600
Total Assessment
$520,200
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