Grand Cypress Dr @ Pondside Dr. - Auto Dealership FOR SALE
Lutz, FL 33559 |
$15,262,000 USD
469-949-7540
Grand Cypress Dr @ Pondside Dr.
Lutz, FL 33559
HIGHLIGHTS
- BRAND NEW DEVELOPMENT | 2027 BUILD-TO-SUIT
- NEW 15-YEAR BASE TERM | 12.5% ESCALATIONS
- RIVIAN AUTOMOTIVE | EMERGING U.S. EV LEADER | ± $5.4 BILLION (FY 2025)
- WESLEY CHAPEL PRIMARY RETAIL CORRIDOR | ± 74,000 VPD | 110+ STORES/SERVICES | COMPLEMENTARY DEALERSHIPS
- 34% ABOVE NATIONAL MEDIAN INCOME | HIGH DENSITY AND AFFLUENT DEMOGRAPHICS
- SERVICE-BASED BUSINESS MODEL WITH EV CHARGING STATIONS
FOR SALE DETAILS
PRICE
$15,262,000 USD
PRICE/SF
$288 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Rivian
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2027
SPRINKLERS
-
PARKING SPACES
206
LAND DETAILS
CROSS STREETS
Pondside Dr.
LAND ACRES
6.97 AC
LAND SF
303,613 SF
ZONING
MPUD
APN/PARCEL ID
27-26-19-0060-00000-0010
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469-949-7540
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469-949-7540
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