10606 New East Bay Road - Commercial LAND FOR SALE


Gibsonton, FL 33534 40,075 SF
$2,452,000 USD
517-256-5352
10606 New East Bay Road, Gibsonton, FL for Sale
$2,452,000 USD
Commercial LAND - FOR SALE
1/1
40,075 SF

10606 New East Bay Road
Gibsonton, FL 33534


HIGHLIGHTS

  • In rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center!
  • This 0.92 AC Lot has a highly coveted Triple Net ("NNN") Ground Lease!

OVERVIEW

This 0.92 AC Lot has a highly coveted Triple Net ("NNN") Ground Lease ("GL") with Volkswagen of America's affiliate Electrify America who is installing twenty (20) Fast Charging electric vehicle stations. The NNN GL has an NOI of $122,600 annually on a 20 year initial term with 10% increase each five (5) years. Located at the southwest quadrant of I-75 & Gibsonton Dr. in rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center & Exit 250, this 0.92 AC leased lot is part of a larger 30 acre development commonly known as Riverview 14.

FOR SALE DETAILS

PRICE

$2,452,000 USD

PRICE/ACRE

$2,665,217/AC

PRICE/SF

$61 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Electrify America Ground Lease 0.92 AC

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.92 AC

LAND SF

40,075 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

-

APN/PARCEL ID

077192-5504

ASK ABOUT THIS PROPERTY

Terrance A. BentonStrathmore Real Estate GroupMore Info
517-256-5352

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Terrance A. BentonStrathmore Real Estate GroupMore Info
517-256-5352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.