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40200 US Highway 19 N
Tarpon Springs, FL 34689
Tuffy Guaranty · Retail Property For Sale
PROPERTY FACTS
ABOUT 40200 US HIGHWAY 19 N , TARPON SPRINGS, FL 34689
Franklin Street is pleased to present an Absolute NNN lease on Highway 19 in the Tampa Bay MSA. The property is guaranteed by Tuffy Corp, with over 9+ years remaining on the lease. While Tuffy Corp. guarantees the lease, the current tenant is a local automotive care center. There is one ~9% rent bump remainingin 2021. The blended cap rate, including the rent escalation, is 6.62% for the remaining term. " Corporate guaranteed lease " The traffic count is 68,000 AADT " The Tampa MSA was just named the second strngest CRE market in the nation.
PROPERTY TAXES
| Parcel Number | 18-27-16-00000-240-0800 | Improvements Assessment | $577,564 |
| Land Assessment | $317,436 | Total Assessment | $895,000 |
PROPERTY TAXES
