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Taco Bell 2575 E Hillsborough Ave 2,290 SF Retail Building Tampa, FL 33610 $4,010,369 CAD ($1,751.25 CAD/SF) 5.80% Cap Rate
Investment Highlights
- LONG-TERM, ABSOLUTE NNN LEASE
- EXPERIENCED FRANCHISEE OPERATOR
- ATTRACTIVE RENT GROWTH
- PRIME TAMPA LOCATION WITH STRONG DEMOGRAPHICS
Executive Summary
Vero Capital Group is pleased to present a premier net lease investment opportunity: a single-tenant Taco Bell located at 2575 E. Hillsborough Avenue in Tampa, Florida. Constructed in 2015, this modern quick-service restaurant is strategically positioned at a lighted intersection along Hillsborough Avenue, a major retail corridor with over 48,000 vehicles per day and immediate access to both I-275 and I-4.
The property is leased to BDE Florida, LLC, a proven Taco Bell franchisee. The tenant’s operational scale and financial strength provide long-term stability for this location.
The absolute NNN lease runs through November 2040, offering approximately 15 years of base term with 10% rent increases every five years.
Surrounded by a dense trade area with nearly 300,000 residents within five miles, as well as national retailers, educational institutions, and regional attractions, this property is well positioned to deliver consistent, reliable cash flow. Combined with a strong tenant, long-term lease, and prime Tampa location, this asset represents a compelling opportunity for passive investors seeking durable income and growth.
The property is leased to BDE Florida, LLC, a proven Taco Bell franchisee. The tenant’s operational scale and financial strength provide long-term stability for this location.
The absolute NNN lease runs through November 2040, offering approximately 15 years of base term with 10% rent increases every five years.
Surrounded by a dense trade area with nearly 300,000 residents within five miles, as well as national retailers, educational institutions, and regional attractions, this property is well positioned to deliver consistent, reliable cash flow. Combined with a strong tenant, long-term lease, and prime Tampa location, this asset represents a compelling opportunity for passive investors seeking durable income and growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,290 SF
Building Class
B
Year Built
2015
Price
$4,010,369 CAD
Price Per SF
$1,751.25 CAD
Cap Rate
5.80%
NOI
$232,601 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.97 AC
Zoning
CI - Commercial
Frontage
190’ on E Hillsborough Avenue
Amenities
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | A-05-29-19-9UJ-000000-00003.0 | Improvements Assessment | $1,622,146 CAD |
| Land Assessment | $137 CAD | Total Assessment | $1,622,283 CAD |
Property Taxes
Parcel Number
A-05-29-19-9UJ-000000-00003.0
Land Assessment
$137 CAD
Improvements Assessment
$1,622,146 CAD
Total Assessment
$1,622,283 CAD
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Taco Bell | 2575 E Hillsborough Ave
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