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About This Restaurant
Investment Highlights
100% Occupied 4,806-SF Retail Building on +/- 0.32-AC Parcel Located on a Corner Lot with Access and Exposure to 28,000+ VPD Within 3 Miles to Downtown Tampa and 10 miles to Tampa International Airport Occupied by Local Restaurant and a Cabinet Showroom Tenant on Short Term Leases and at Below Market Rent Proximity to Port of Tampa, a Significant Economic Engine for Tampa with $17.2B Economic Impact City Plans to Invest $15M on Complete Street and Roadway Improvements to Enhance Safety and Multimodal Connectivity
Executive Summary
100% Occupied | Short Term Leases | Below Market Rent
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 4,806
- Building Class C
- Year Built 1958
- Price 975,000
- Price Per SF 203
- Cap Rate 6.36
- NOI 62,027
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.34
- Land Acres 0.32 AC
Nearby Amenities & Transportation
| Retail | Columbia Restaurant | ||
| Retail | F45 Training, Inc. | ||
| Retail | BurgerFi | ||
| Retail | Publix GreenWise Market at Water Street | ||
| Retail | Cava Mezze | ||
| Retail | Orangetheory Fitness | ||
| Retail | Wagamama | ||
| Retail | Synovus Bank | ||
| Retail | Starbucks | ||
| Retail | Crunch |
Property Taxes
| Parcel Number | A-19-29-19-52S-000011-00001.0 | Improvements Assessment | $76,967 |
| Land Assessment | $523,268 | Total Assessment | $600,235 |
| Date Created: | 2024-07-16 04:13:31 | Last Updated: | 2024-07-16 04:13:31 |
| Address: | 1601 S 22nd St , Tampa, Florida, 33605 | ||