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Investment Highlights
- High Traffic Area
- Zoned CG
- Great Cash-Flow
- Easy Access to Major Highways
- High and Dry
- Long-Term Tenant
Executive Summary
Impeccably positioned within the thriving Tampa/St. Petersburg market, this prime retail property presents an exceptional investment opportunity. Boasting a 828 SF building, with a ±500 SF two bay with a lift. Fully occupied by a single tenant, the property offers stability and immediate long term rental income. With a strategic location and a CG zoning designation, this asset is primed for maximum visibility and access. Having been renovated in 2004, the property exudes modern appeal and functionality. Built in 1994, it embodies enduring quality and structural integrity. With 100% occupancy, this investment promises turnkey profitability and long-term potential in the bustling retail landscape of Tampa/St. Petersburg.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
828 SF
Building Class
B
Year Built
1994
Price
$1,350,000
Price Per SF
$1,630.43
Cap Rate
5.95%
NOI
$80,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.62 AC
Zoning
CG - CG (Commercial General) zoning designates land for a wide range of retail, service, and office businesses that serve the broader community.
Parking
10 Spaces (12.08 Spaces per 1,000 SF Leased)
Frontage
82’ on Florida Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | U-01-28-18-0TD-000009-00005.1 | Improvements Assessment | $51,160 |
| Land Assessment | $349,640 | Total Assessment | $400,800 |
Property Taxes
Parcel Number
U-01-28-18-0TD-000009-00005.1
Land Assessment
$349,640
Improvements Assessment
$51,160
Total Assessment
$400,800
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13518 N Florida Ave
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