Building Size | 2,062 Square Feet |
Land Size | 0.48 Acres |
Zoning | Planned Development |
Year Built | 2011 |
Stand alone Jimmy John's, featuring a drive-thru, offers and exceptional investment oportunity in this busy South Tampa retail corridor. The Tenant currently pays $104,000 in annual rent, and the lease is stuctured as Absolute NNN Lease, requiring zero landlord resposibilities. With a secure 10-year lease term, the agreement features a 10% rent escalation after Year 5 and two (2) five-year renewal options with 2.5% annual rent increases, providing consistent income growth.
The property is situated on a 0.48-acre outparcel of Lowe's Home Improvement Store, enhancing its visibility and benefiting from the high traffic generated by the national retailer.
Prime location within the Tampa-St. Petersburg MSA, is surrounded by major national retailer and residential communities .
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.