About This Restaurant
Investment Highlights
Brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years - the Tenant is responsible for all expenses. Currently qualifies for Bonus Depreciation allowing Landlord to accelerate 60% of the building, cost of canopies, fuel tanks/pumps, equipment, etc. Located in coveted Wiregrass Master Planned (5,000 acre) community! S&P BBB+ Investment Credit Rated & Moody?s Baa1 Rated Tenant owns & operates the largest refinery in the United States! This fee simple (land & building) ownership asset is currently under construction on a large ?1.758-acre (hard corner) lot 2023 DEMOGRAPHICS: Total Population (5-MI): 137,781 | Average Household Income (1-MI): $144,583
Executive Summary
(Building & Land) Fee Simple
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Convenience Store Convenience Store General Retail Drugstore General Retail Fast Food General Retail Storefront Convenience Store
- Building Size 13,173
- Year Built 2024
- Price 12,228,000
- Price Per SF 928
- Cap Rate 6
- NOI 733,686
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.17
- Land Acres 1.75 AC
Amenities
- Signage
Property Taxes
| Parcel Number | 28-26-20-0000-49900-0030 | Improvements Assessment | $4,500 |
| Land Assessment | $0 | Total Assessment | $4,500 |
| Date Created: | 2024-07-16 04:09:28 | Last Updated: | 2024-07-16 04:09:28 |
| Address: | 3182 Hueland pond blvd , Wesley Chapel, Florida, 33543 | ||