6310 Gunn Hwy - Bank FOR SALE


Tampa, FL 33625- Citrus Park
$2,288,000 USD
305-940-6611
6310 Gunn Hwy, Tampa, FL for Sale
$2,288,000 USD
Bank - FOR SALE
1/5
null | 5.25% Cap Rate

6310 Gunn Hwy
Tampa, FL 33625
Citrus Park


HIGHLIGHTS

  • CORPORATE-BACKED SINGLE-TENANT GROUND LEASE (REGIONS BANK) NNN
  • PROVEN LOCATION WITH LONG-TERM OPERATING HISTORY
  • STRATEGIC TAMPA LOCATION – ESTABLISHED RETAIL CORRIDOR

OVERVIEW

CORPORATE-BACKED SINGLE-TENANT GROUND LEASE (REGIONS BANK) The lease includes three (3) additional five-year renewal options, each featuring 12.5% rental increases, providing built-in income growth and long-term value appreciation potential. The property is leased to Regions Bank, a nationally recognized financial institution,providing a secure and stable income stream backed by a corporate tenant. The asset features a 3,847 SF freestanding bank branch situated on a ±1.18-acre (51,619 SF) parcel, originally constructed in 2004 and supported by 44 surface parking spaces. PASSIVE, ABSOLUTE NNN GROUND LEASE STRUCTURE This investment offers a true passive ownership structure, as the tenant is responsible for all property operating expenses, including real estate taxes, insurance, maintenance, and utilities. Theground lease format minimizes landlord responsibilities and provides predictable, hasslefree cash flow. PROVEN LOCATION WITH LONG-TERM OPERATING HISTORY Regions Bank has successfully operated at this location since 2004, demonstrating long-term commitment and strong site performance. The tenant recently exercised its first five-year renewal option, extending the lease through March 2029,reinforcing confidence in the location’s ongoing viability.

FOR SALE DETAILS

PRICE

$2,288,000 USD

PRICE/SF

$602 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

PD

APN/PARCEL ID

U-12-28-17-ZZZ-000000-28800.0

ASK ABOUT THIS PROPERTY

Isabel SalcedoElite International RealtyMore Info
305-940-6611

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Isabel SalcedoElite International RealtyMore Info
305-940-6611

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