12735 Hillsborough Ave - Retail FOR SALE


Tampa, FL 33635- Upper Tampa Bay
$5,682,000 USD
407-808-1657
12735 Hillsborough Ave, Tampa, FL for Sale
$5,682,000 USD
Retail - FOR SALE
1/8
null | 4.4% Cap Rate

12735 Hillsborough Ave
Tampa, FL 33635
Upper Tampa Bay


HIGHLIGHTS

  • Brand-new 20-year NNN ground lease - no landlord obligations
  • Corporate guaranty with Wawa, Inc. – Investment grade credit (Fitch rating: BBB)
  • Fixed rental increases throughout the entire lease including options
  • Large efficient parcel at hard corner signalized high traffic intersection
  • Opening June 2025

OVERVIEW

CBRE is pleased to present this brand new 20 year absolute NNN ground lease with Wawa – one of the most sought after tenants in the single tenant market. The property is located in Tampa, FL at a high traffic signalized hard corner with excellent access and exposure. The lease provides for fixed rental increases throughout the entire term including options and is structured as an absolute NNN ground lease providing for no landlord management obligations.

FOR SALE DETAILS

PRICE

$5,682,000 USD

PRICE/SF

$929 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wawa

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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