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Sunnyside 1902 N Dale Mabry Hwy 8,460 SF Retail Building Tampa, FL 33607 $9,292,929 CAD ($1,098.45 CAD/SF) 7% Cap Rate
Investment Highlights
- 6.5 Years remaining on an Absolute NNN lease with two 5-year options to extend. Initial term and option periods include +2% annual rental increases
- Long-term Absolute NNN lease provides an attractive, management-free investment located in a state with no state income tax
- The property is an outparcel to a power center anchored by Home Depot, Nordstrom Rack, HomeGoods, and Target, driving additional traffic to the area
- The lease is corporately guaranteed by Cresco Labs, Inc., one of the largest multistate cannabis operators in the United States with over 30 locations
- The asset is located on the westside of N Dale Mabry Hwy in Tampa, FL, the largest retail corridor in Tampa, with an AADT of 57,500
- Close proximity to popular destinations such as Tampa International Airport, International Plaza, Westshore Plaza, and Midtown Tampa
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,460 SF
Building Class
B
Year Built
1968
Price
$9,292,929 CAD
Price Per SF
$1,098.45 CAD
Cap Rate
7%
NOI
$650,510 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.18 AC
Zoning
CI
Frontage
133’ on Dale Mabry
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 8,460 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,460 SF | Retail | - | Now |
1st Floor
| Size |
| 8,460 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
The Bistro
Property Taxes
| Parcel Number | A-16-29-18-ZZZ-000005-48060.0 | Improvements Assessment | $5,040,630 CAD |
| Land Assessment | $136 CAD | Total Assessment | $5,040,766 CAD |
Property Taxes
Parcel Number
A-16-29-18-ZZZ-000005-48060.0
Land Assessment
$136 CAD
Improvements Assessment
$5,040,630 CAD
Total Assessment
$5,040,766 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Sunnyside | 1902 N Dale Mabry Hwy
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