3618 Lithia Pinecrest Rd - Auto Repair FOR SALE


Valrico, FL 33596
$2,773,000 USD
407-405-0238
3618 Lithia Pinecrest Rd, Valrico, FL for Sale
$2,773,000 USD
Auto Repair - FOR SALE
1/5
null | 5.5% Cap Rate

3618 Lithia Pinecrest Rd
Valrico, FL 33596


HIGHLIGHTS

  • Absolute NNN lease; no landlord responsibilities
  • New 15-year term + two 5-year options (25 yrs total)
  • 2% annual rent increases; passive cash flow
  • 2,100 SF new construction (3-bays)
  • Signalized Lithia Pinecrest Rd; primary retail corridor
  • Strong growth: $310M road project + 8K population by 2050

OVERVIEW

CBRE is pleased to present an opportunity to acquire a brand new (currently under construction) single-tenant property leased to Grease Monkey, an oil change and auto service station concept. The tenant signed a new 15-year, absolute NNN Lease, relieving the landlord of operational and capex expenditures over the life of the lease. The parcel is located in Valrico, Hillsborough County, Florida, just 14 miles east of downtown Tampa. Grease Monkey is a high-visibility, auto-service investment strategically positioned along a key retail and commuter corridor serving Brandon, Valrico, and the surrounding southeast Hillsborough County trade area. The property benefits from strong daily traffic and excellent consumer exposure, supporting strong branding value for the tenant. Located in one of Hillsborough County's most established suburban markets, the surrounding area is supported by dense rooftops, strong commuter patterns, and an active commercial environment that drives repeat visits and long-term demand. The Valrico and Brandon trade area includes a substantial residential population and a stable base of household spending, underscoring the strength of the surrounding consumer base for auto-oriented and service-based tenants. Grease Monkey is a well-recognized national automotive service brand with a business model centered on routine maintenance, repeat customer needs, and convenience. The company's established platform and consumer relevance position it as a durable tenant within the essential-service retail space. With automotive service remaining a necessity-driven category, this asset offers attractive long-term fundamentals, durable tenant demand, and strong market-driven real estate characteristics in one of the most active suburban growth areas in the Tampa Bay region.

FOR SALE DETAILS

PRICE

$2,773,000 USD

PRICE/SF

$1,320 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grease Monkey - Valrico

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

PD

APN/PARCEL ID

U-07-30-21-ZZZ-000004-29520.0

ASK ABOUT THIS PROPERTY

James GarnerCBREMore Info
407-405-0238

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

James GarnerCBREMore Info
407-405-0238

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