Amscot - Tampa, FL | 102 W Fletcher Ave
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Amscot - Tampa, FL 102 W Fletcher Ave
2,500 SF Retail Building Tampa, FL 33612 $620,000 ($248/SF) 9.99% Cap Rate
Investment Highlights
- Leasehold Investment Opportunity With Amscot Financial as Tenant
- Strong Tampa Location / Income Tax Free State
- Property Sits as an Outparcel to a Major Shopping Center Anchored By Harbor Freight and Save-A-lot With 52K Monthly Visits (Placer.Ai)
- High Return and Ability For Full Depreciation Due to Leasehold Nature of Investment
- Long-Term Ground Lease Position - Nearly 70-Years Including Option Periods
- High Traffic Location - Located Adjacent to Interstate 275 Which Sees 136K VPD (FDOT)
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the Amscot Located at 160 West Fletcher Avenue in Tampa, FL. This Deal Includes a Leasehold Investment Opportunity With Amscot Financial as Tenant, Providing High Returns and the Potential For Full Depreciation Due to the Leasehold Nature of the Investment, Ensuring a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
2005
Price
$620,000
Price Per SF
$248
Cap Rate
9.99%
NOI
$61,951
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.45 AC
Zoning
CG
Parking
26 Spaces (7.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Amscot
- Retailer
- 2,500 SF
- -
- Triple Net
- Mar 2030
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Amscot | Retailer | 2,500 SF | - | Triple Net | Mar 2030 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | U-12-28-18-0TD-000003-00004.0 | Improvements Assessment | $4,069,905 |
| Land Assessment | $3,660,695 | Total Assessment | $7,730,600 |
PROPERTY TAXES
Parcel Number
U-12-28-18-0TD-000003-00004.0
Land Assessment
$3,660,695
Improvements Assessment
$4,069,905
Total Assessment
$7,730,600
Contacts
-
Daniel Hoogesteger -
Grant Mogerman -
Andrew Ackerman -
Sands Investment Group Santa Monica, LLC
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Amscot - Tampa, FL | 102 W Fletcher Ave
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