6170 Paseo Al Mar Blvd - Storefront FOR SALE


Apollo Beach, FL 33572
$3,465,000 USD
813-434-8278
6170 Paseo Al Mar Blvd, Apollo Beach, FL for Sale
$3,465,000 USD
Storefront - FOR SALE
1/13
null | 6% Cap Rate

6170 Paseo Al Mar Blvd
Apollo Beach, FL 33572


HIGHLIGHTS

  • 100% Occupied | Scheduled Rental Increases | Brand New Construction | Below Market Rent
  • Signalized, Hard Corner Intersection | Centralized Location
  • Dense Retail Trade Area | Surrounding Shopping Centers |Brand New Construction | Part of a Major Development Project
  • Direct Residential Consumer Base | Excellent Demographics

OVERVIEW

• Planet Smoothie and Rock N Roll Sushi both signed brand new 10-year lease with 2 (5-year) option periods to extend, demonstrating their commitment to the site. PT Solution also signed a new 5-year lease • All leases feature scheduled annual rental increases throughout the initial term and options, growing NOI and hedging against inflation • The PT Solutions lease is signed by the corporate entity, others are franchisee • Offering features brand new late 2024 construction • Subject property within a hot retail market with current rent is already 10%below the market rate

FOR SALE DETAILS

PRICE

$3,465,000 USD

PRICE/SF

$699 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three Tenant Retail Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

PD

APN/PARCEL ID

U-22-31-19-ZZZ-000001-75240.3

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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