Hillsborough Avenue - Retail/Showroom w/warehouse storage

Retail-Commercial for Sale
Catylist Listing ID: 30148486
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 14,400 SF
Gross Land Area: 79,535 SF
Sale Price: $1,150,000
Unit Price: $79.86 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2017

Overview / Comments

Free-standing, IG zoned, flex space buildings suitable for retail, automotive, restaurant uses. 1.8+ acre site - Site has access/frontage on Hillsborough - 162' mol and Crest - (40' mol) Street - Depth is roughly 429' on the West boundary and 629' on the eastern boundary. Building is currently leased to a national automotive rental company. Lease expires in the next few months (currently paying $5300+ NNN. Billboard sign currently located on the site generating income - $700.95 per month through 8/31/21. 11,400 s.f. main building includes roughly 1,000 s.f. of A/C space (wall units) and the rest is covered canopy and includes a 1,000 s.f. mol. storage section (enclosed) 16 - 18' clear height. 4,800 s.f. s f Eastern building has multiple roll up doors and is grade level - 16 - 18' clear height.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: A-05-29-18-ZZZ-000005-45250.0
Zoning: IG
Retail Clientele: General, Business
Property Located Between: Anderson Road and Lois
Property Visibility: Excellent
Largest Nearby Street: Anderson Road
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,062 121,320 324,263
Median Age: 38.26 36.7 36.99
Households: 3,336 47,850 131,655
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