Last updated on November 15th, 2024

Absolute NNN Investment Property

$1,795,000

4248 S. Dale Mabry Highway, Tampa, Florida 33611


Documents
  • S. Dale Mabry Hwy 4248, Tampa, FL JJ's.pdf (5.6 MB)   view   download
Building Size2,062 Square Feet
Land Size0.48 Acres
ZoningPlanned Development
Year Built2011

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.


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