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5140 E Fowler Ave
Tampa, FL 33617
Pilot Bank · Retail Property For Sale
Investment Highlights
- Current Cap Rate: 4.50% | Blended Cap Rate: 5.32%
- This location has been operating successfully for over three decades having been established here since 1994.
- Well located directly across the street from a Publix anchored shopping center.
- Corporate Lake Michigan Credit Union Guarantee after their acquisition of Pilot Bank.
- The tenant recently structured a brand new lease extension showing their commitment to this site long-term.
- This location posted branch deposits over $230MM in 2020, which was a 13% increase from their deposits in 2019.
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
6,416 SF
Building Class
B
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.37 AC
Zoning
c-1
Parking
20 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | A-10-28-19-ZZZ-000005-56770.0 | Improvements Assessment | $1,689,100 |
| Land Assessment | $100 | Total Assessment | $1,689,200 |
Property Taxes
Parcel Number
A-10-28-19-ZZZ-000005-56770.0
Land Assessment
$100
Improvements Assessment
$1,689,100
Total Assessment
$1,689,200
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