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12204 Balm Riverview 3,010 SF Retail Building Riverview, FL 33579 $8,784,162 CAD ($2,918.33 CAD/SF) 4.90% Cap Rate
Investment Highlights
- 2020 Construction. 3,010+/- SF Building on 1.87+/- Acre Site
- Strong Income Demographics Within the Immediate Trade Area w/ a Median HH Income of $93K+
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- More than 50K People Move to Tampa Bay Area Each Year-Making the Region one of the Fastest Growing in the Nation
- Neighboring Tenants: Publix, McDonald's, Starbucks, Buffalo Wild Wings, Walgreen's, Tractor Supply, Panda Express
- Riverview | Located Minutes from Downtown Tampa | Population: 88,191+
Executive Summary
10+ Years Remaining on Initial 15-Year NNN Lease with 7-Eleven, Inc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,010 SF
Building Class
B
Year Built
2020
Price
$8,784,162 CAD
Price Per SF
$2,918.33 CAD
Cap Rate
4.90%
NOI
$430,436 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.87 AC
Zoning
PD
Frontage
295’ on Balm Riverview Rd
Property Taxes
| Parcel Number | U-03-31-20-2U7-000001-00049.0 | Improvements Assessment | $1,697,406 CAD |
| Land Assessment | $598,615 CAD | Total Assessment | $2,296,022 CAD |
Property Taxes
Parcel Number
U-03-31-20-2U7-000001-00049.0
Land Assessment
$598,615 CAD
Improvements Assessment
$1,697,406 CAD
Total Assessment
$2,296,022 CAD
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12204 Balm Riverview
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