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8705 N Dale Mabry Hwy 4,756 SF Retail Building Tampa, FL 33614 $2,165,000 ($455.21/SF) 6.85% Cap Rate
Investment Highlights
- The property is secured by a long-term, corporate-backed lease that includes fixed 10% increases throughout each of the three, 5-year option periods
- The lease is Absolute NNN making it completely passive.
- The ±4,757 SF 6-bay automotive building is situated on a ±0.65-acre parcel
- Ideally located on N Dale Mabry Hwy experiencing 70,500 VPD.
Executive Summary
License # CQ1066435 (FL)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Aug 2030
Pep Boys began in Philadelphia in 1921 when Navy veterans Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz opened an auto parts supply business under the Pep Auto Supply name. The company grew into an automotive aftermarket service chain and now centers its business on automotive service, tires, maintenance, repair, and fleet work through a nationwide network of Service and Tire Centers. The company has expanded its service settings beyond traditional retail locations, including work on U.S. Navy bases that extends Pep Boys' automotive offerings to military personnel and families. The company's mission emphasizes making quality car care simple, convenient, and accessible, while keeping its long-running service heritage at the center of operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Aug 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | U-21-28-18-ZZZ-000000-94890.0 | Improvements Assessment | $835,880 |
| Land Assessment | $820,320 | Total Assessment | $1,656,200 |
Property Taxes
Presented by
8705 N Dale Mabry Hwy
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