7345 Jackson Springs Road, Tampa, FL 33634, USA

Tampa, Florida

Google Map

Total Square Feet

±11,896 SF

Total Acreage

±1.10 AC

Asking Price

$2,888,000

CAP Rate

7.25%

Jackson Springs Square is 100% occupied by 8 tenants, all on NNN leases, with six tenants having annual rent escalations. These lease structures provide stable cash flow and increase NOI to hedge against inflation
42% of the GLA is occupied by destination-based medical tenants, which are recession resistant
The asset has a 3.06 WALT, giving the Landlord the ability to shape tenant diversity and composition in the near term. Most tenants have relocation clauses in their lease, providing further Landlord control of the center’s configuration
World of Learning recently expanded into Suite B and now occupies a total of 3,371 SF, demonstrating a long term commitment to the site
Over $600,000 invested in capital improvements within the past three years, including parking lot upgrades, exterior painting, and landscaping
The property is located near the signalized intersection of Hanley Rd and Jackson Springs Rd. This stretch of Hanley Rd has an AADT of 19,300
The site is located less than a mile from the Veterans Expressway (104,088 AADT) and less than 1.5 miles from Tampa International Airport (TPA)
16,542 population within a 1-mile radius