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41680 Us Highway 19 N 5,814 SF Retail Building Tarpon Springs, FL 34689 $3,388,333 ($582.79/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 7 Years Remaining on Initial Lease Term with 3% Annual Increases
- Hard Corner Outparcel to a Lowe’s | Access From Both Sides of US Hwy 19
- Property completely redone & Tenant Open For Business
EXECUTIVE SUMMARY
Long-Term, Triple Net (NNN) Lease, No Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,814 SF
Building Class
B
Year Built/Renovated
2001/2022
Price
$3,388,333
Price Per SF
$582.79
Cap Rate
7.50%
NOI
$254,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.61 AC
Zoning
C - General Commercial
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-27-16-89920-000-0030 | Improvements Assessment | $954,545 |
| Land Assessment | $335,455 | Total Assessment | $1,290,000 |
PROPERTY TAXES
Parcel Number
07-27-16-89920-000-0030
Land Assessment
$335,455
Improvements Assessment
$954,545
Total Assessment
$1,290,000
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41680 Us Highway 19 N
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