11865 Dr Martin Luther King Jr blvd - Freestanding FOR SALE


Seffner, FL 33584
$2,959,800 USD
703-477-1315
11865 Dr Martin Luther King Jr blvd, Seffner, FL for Sale
$2,959,800 USD
Freestanding - FOR SALE
1/2
null | 5.5% Cap Rate

11865 Dr Martin Luther King Jr blvd
Seffner, FL 33584


HIGHLIGHTS

  • Brand-New 10-Year Modified NNN Lease with Renewal Options
  • Excellent Access & Visibility Along East Martin Luther King Jr. Boulevard (40,500 VPD)
  • Less Than 2 Miles from the On-Ramp to I-75 (183,000 VPD) and its Interchange with I-4 (161,000 VPD)
  • Across from Mango Square | Walmart, Publix, Bealls, Rainbow Shops, Sally Beauty, Wingstop, Pizza Hut and Cricket Wireless, among others
  • 2.1 MSF of Retail, 4.1 MSF of Office, 6.1 MSF of Industrial & 6,423 Multifamily Units Within 3-Miles
  • Located Less than 13 Miles East of Downtown Tampa (MSA Population: 3.36M)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 2,464-square-foot Verizon Wireless situated on 0.42 acres in Seffner, Florida—a component of the broader Tampa-St. Petersburg-Clearwater, FL MSA (Population: 3.36M+). Commencing in June 2026, Verizon’s modified NNN lease will feature 10 years of primary term and four, 5-year options to renew. Rent increases every 5 years by (i) 5% by default, or (ii) by the 5-year change in CPI (not to exceed 10%) if elected by Landlord.

FOR SALE DETAILS

PRICE

$2,959,800 USD

PRICE/SF

$1,201 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon Wireless

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

U-10-29-20-29L-000001-00001.0

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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

Thomas CarrCBREMore Info
703-477-1315

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