$3,000,000
$3,500,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
8,435 SqFt
SOLD DATE : 07/21/2023
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,435 sqft
Price per Sqft $355
Subdivision Unplatted
MLS Listing ID T3442060
Sold Date 07/21/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $31,607
Lot Size 3.460 Acres
Acres 3.46
Property Description
Prime Investment Opportunity with Single Tenant Net Leased Retail Investment Offering. This property is located in Prime location for auto dealership. Located on N Florida Avenue, just south of Fowler Ave. in Tampa. Referred often as the “Motor Mile” and has neighboring dealerships including: Tesla, BMW, Porsche, Mazerati, Audi, Land Rover, VW, Subaru, Acura, Nissan, Lincoln, Chevrolet & Ford to name just a few. This is an immaculate automobile dealership property occupied by The Hertz Company for the past 10 years, and with 2- 5 year renewal options that include rent increases with each option term. The facilities include 6 individual Sales Offices with spacious Showroom Floor, Service Department with 7 Service Bays, Parts Department, Customer reception and waiting area and a spacious employee kitchen and breakroom. Metal roof and walls, A/C system are 6 years old. Over 200+parking spaces. The site benefits from its excellent visibility and frontage along Florida Ave (26k VPD) and its corner location provides excellent access. Minutes from the vibrant Downtown Tampa metro and a 20-minute drive to Tampa International Airport.
Location
State FL
County Hillsborough
Community Unplatted
Zoning CI
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Roof Type Metal
Building
Story 1
Foundation Block
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Metal Siding
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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