$5,311,276 USD
813-436-9209
11601 N Dale Mabry Hwy
Tampa, FL 33618
Carrollwood
HIGHLIGHTS
- ±18.5 years remaining lease term with 2% annual rent increases
- Absolute NNN lease — zero landlord responsibilities
- Lease obligations backed by Red Lobster Intermediate Holdings LLC
- ±74,500 VPD on North Dale Mabry Highway, Tampa's premier retail corridor
- 1.62 acres of irreplaceable Tampa real estate with redevelopment potential
- Surrounded by Publix, Lowe's, Chipotle, Taco Bell, and Outback Steakhouse
FOR SALE DETAILS
PRICE
$5,311,276 USD
PRICE/SF
$701 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Red Lobster
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.62 AC
LAND SF
70,567 SF
ZONING
CG
APN/PARCEL ID
U-16-28-18-12J-000000-00026.0
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813-436-9209
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813-436-9209
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