14041 North Florida Avenue, Tampa, FL, USA

Tampa, Florida

Google Map

Total Square Feet

±2,372

Total Acreage

±0.44

Asking Price

$1,794,194

NOI

$111,240

Lease Type

Abs. NNN

Maxa Ride recently signed a 5-year lease with +3% rental increases annually, increasing cash flow and hedging against inflation
Absolute NNN lease provides stabilized cash flow with no Landlord responsibilities
The property was fully renovated in 2022, reducing the likelihood of capital expenses at the property
Lease includes three, 3-year renewal options each with annual rent increases
The dealership is located on the eastside of N Florida Ave, one of the primary north-south thoroughfares in Tampa with an AADT of 24,000
The property is located 2 miles from the University of South Florida (50,000 students enrolled) and less than a mile from I-275, the primary north-south thoroughfare in the Tampa MSA
The property sits within a dominant automotive corridor featuring 19 nearby dealerships, offering exceptional visibility and access to strong consumer traffic
114,440 population within a 3-mile radius
$76,141 average household income within a 3-mile radius