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- LoopNet Team
3855 Tampa Rd
Oldsmar, FL 34677
7-11 Corporate NNN Lease - 7% Cap Rate · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
ABOUT 3855 TAMPA RD , OLDSMAR, FL 34677
Commercial Real Estate Professionals and Mark Allen, CCIM, are pleased to present this 7-11 Triple Net Corporate Investment Opportunity!! DIRECT PRINCIPAL BUYERS ONLY -- PLEASE NO BROKERS... $2.6 Million CASH PURCHASE - FIRM! 8.45% CAP RATE FIRST CASH QUICK CLOSING GETS PROPERTY!! $612,000 BELOW CURRENT APPRAISAL - SELLER WANTS IMMEDIATE SALE AND CLOSING!! Seller has REDUCED PRICE $612,000 due to 7-11 having 1 Year Remaining on Lease and 7-11 will not negotiate lease until it expires. CASH PURCHASE ONLY - QUICK CLOSING REQUIRED $50,000 Escrow Deposit and Cash Proof of Funds Required. NO CONTINGENCY SALE (other than the Seller delivering marketable title at the time of closing) Corporate Lease renews April 30, 2019 7-11 Corporate Annual Clean Tank Report Available. EXTREME PRICE DROP... Appraised at $3,212,000!!! Single Corporate Tenant -- NNN Lease Perfect 1031 Like-Kind-Exchange Property Corporate Lease renews April 30, 2019 with 3 more renewals for 17 more years thru April 2034. Current rent is $18,313 NNN (annual $219,756) C-2 Zoning 2,700 SF of A/C Space with 108 SF open porch and 5,100 SF gas area canopy with 51,500 SF concrete paving on 1.87 acres Pinnellas County Great Location Extremely Good Traffic Flow
PROPERTY TAXES
| Parcel Number | 14-28-16-20224-000-0010 | Improvements Assessment | $1,006,394 |
| Land Assessment | $1,495,688 | Total Assessment | $2,502,081 |
PROPERTY TAXES
