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10606 New East Bay Road - Electrify America Ground Lease 0.92 AC 0.92 Acres of Commercial Land Offered at $3,419,240 CAD in Gibsonton, FL 33534
Investment Highlights
- In rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center!
- This 0.92 AC Lot has a highly coveted Triple Net ("NNN") Ground Lease!
Executive Summary
This 0.92 AC Lot has a highly coveted Triple Net ("NNN") Ground Lease ("GL") with Volkswagen of America's affiliate Electrify America who is installing twenty (20) Fast Charging electric vehicle stations. The NNN GL has an NOI of $122,600 annually on a 20 year initial term with 10% increase each five (5) years.
Located at the southwest quadrant of I-75 & Gibsonton Dr. in rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center & Exit 250, this 0.92 AC leased lot is part of a larger 30 acre development commonly known as Riverview 14.
Located at the southwest quadrant of I-75 & Gibsonton Dr. in rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center & Exit 250, this 0.92 AC leased lot is part of a larger 30 acre development commonly known as Riverview 14.
Property Facts
| Price | $3,419,240 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Condition | Ground Lease (Leasehold) | Total Lot Size | 0.92 AC |
| No. Lots | 1 | Cross Streets | I-75 & Gibsonton Dr |
| Property Type | Land |
| Price | $3,419,240 CAD |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.92 AC |
| Cross Streets | I-75 & Gibsonton Dr |
1 Lot Available
Lot 6
| Price | $3,419,240 CAD | Lot Size | 0.92 AC |
| Price Per AC | $3,716,565.63 CAD |
| Price | $3,419,240 CAD |
| Price Per AC | $3,716,565.63 CAD |
| Lot Size | 0.92 AC |
Located at the southwest quadrant of I-75 & Gibsonton Dr. in rapidly growing Riverview/Gibsonton, FL between a Wal-Mart Super Center & Exit 250, this 0.92 AC leased lot is part of a larger 30 acre development commonly known as Riverview 14.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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10606 New East Bay Road - Electrify America Ground Lease 0.92 AC
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