1808 S Parsons Ave | Seffner, FL 33584
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1808 S Parsons Ave
Seffner, FL 33584
Tire Kingdom | 8.01% CAP Year 1 | Tampa MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Priced Below Replacement Cost: Tire Kingdom Plaza is priced at only $152.19 PSF which is well below replacement cost.
- Strong Historical Occupancy: Tire Kingdom has been at this location for over 23 years showing strong commitment to the site.
- NNN Lease Structure: Retail Tenants are reimbursed for Common area maintenance, Insurance, Management, and Property Taxes.
- National Anchor: Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations
- Value-Add: Tire Kingdom, the property’s largest tenant, has a Base rental rate of $9.95PSF providing additional upside upon the expiration of lease
- Tampa Submarket | National Retailers: Shares a parking lot with Jiffy Lube, backs up to a McDonalds, and is across the street from Winn Dixie and CVS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,100 SF
Building Class
C
Year Built
1989
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.51 AC
Zoning
CG - Auto Sales
Parking
16 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
29’ on South Parsons Avenue
PROPERTY TAXES
| Parcel Number | U-11-29-20-ZZZ-000002-44050.0 | Improvements Assessment | $903,426 |
| Land Assessment | $310,872 | Total Assessment | $1,214,298 |
PROPERTY TAXES
Parcel Number
U-11-29-20-ZZZ-000002-44050.0
Land Assessment
$310,872
Improvements Assessment
$903,426
Total Assessment
$1,214,298
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