9513 N NEBRASKA AVE Tampa, FL 33612
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $277
Subdivision Gateway Sub
MLS Listing ID TB8544303
Construction Status Completed
HOA Y/N No
Year Built 1962
Annual Tax Amount $15,815
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 69x131
Property Sub-Type Retail
Source Stellar MLS
Property Description
9,289 SF | 0.71 ACRES | NORTH TAMPA
Investment opportunity featuring an established True Value franchise hardware store currently owner-operated at the property. The owner is open to selling the real estate and entering into a proposed 10-year NNN lease, providing a potential sale-leaseback structure for the purchaser.
Investment Highlights:
Asking Price: $2,000,000
Proposed Annual Base Rent: $120,000
Proposed Monthly Base Rent: $10,000
Target Initial Cap Rate: 6.0%
Proposed Lease Term: 10 Years
Lease Structure: NNN
Building Area: 9,289 SF
Land Area: 0.71 Acres
Two Buildings
Established True Value franchise/current owner-operator
Potential long-term occupancy and rental income
North Tampa location near the University Mall/Uptown area
Under the proposed NNN structure, the tenant would be responsible for applicable property expenses, including taxes, insurance, and maintenance, subject to the final lease agreement. Proposed rent, lease term, escalations, options, expense responsibilities, and other terms are subject to negotiation and mutually acceptable documentation.
The property may also appeal to owner-users or strategic buyers seeking commercial real estate with an established business and existing operational use. Conveniently located near established residential and commercial areas with access to major transportation corridors.
All information is subject to verification. Proposed lease and transaction terms are not finalized and are subject to negotiation, due diligence, and execution of definitive agreements.
Location
State FL
County Hillsborough
Community Gateway Sub
Area 33612 - Tampa / Forest Hills
Zoning CI
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Utilities Available Public
View Y/N No
Water Access No
Roof Type Other
Exposure West
Building
Lot Description Central Business District, Corner Lot
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Cash, Commercial Financing
Listing Terms Cash, Commercial Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8544303
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