1808 S Parsons Ave - Auto Repair FOR SALE
Seffner, FL 33584 |
1808 S Parsons Ave
Seffner, FL 33584
HIGHLIGHTS
- Priced Below Replacement Cost: Tire Kingdom Plaza is priced at only $152.19 PSF which is well below replacement cost.
- National Anchor: Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations
- Strong Historical Occupancy: Tire Kingdom has been at this location for over 23 years showing strong commitment to the site.
- Value-Add: Tire Kingdom, the property’s largest tenant, has a Base rental rate of $9.95PSF providing additional upside upon the expiration of lease
- NNN Lease Structure: Retail Tenants are reimbursed for Common area maintenance, Insurance, Management, and Property Taxes.
- Tampa Submarket | National Retailers: Shares a parking lot with Jiffy Lube, backs up to a McDonalds, and is across the street from Winn Dixie and CVS
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Tire Kingdom | 8.01% CAP Year 1 | Tampa MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
17324
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
U-11-29-20-ZZZ-000002-44050.0
