504 S Howard Ave - Freestanding FOR SALE


Tampa, FL 33606- SoHo
$2,536,000 USD
954-302-7365
504 S Howard Ave, Tampa, FL for Sale
$2,536,000 USD
Freestanding - FOR SALE
1/10
null | 5% Cap Rate

504 S Howard Ave
Tampa, FL 33606
SoHo


HIGHLIGHTS

  • Corporate Signed Lease | 10% Rent Increases | Established Tenant | Below Market Rent
  • NN Lease | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
  • Located in One of Tampa’s Most Valuable Retail Corridors | Strong Frontage | Close to Major Tampa Demand Drivers
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Corporate signed lease with 2+ years remaining and 5 (5-year) option periods to extend • The lease features 10% rental inceases at the beginning of each option • Founded in 1866, The Sherwin Williams Company is a global leaser in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers • Sherwin Williams branded products are sold exclusively through a chain of 5,400 Company-operated stores

FOR SALE DETAILS

PRICE

$2,536,000 USD

PRICE/SF

$704 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams - Tampa FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

CG

APN/PARCEL ID

A-23-29-18-4SB-000011-00010.0

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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