7-11 Triple Net Corporate Inv. PRICE DROP
3855 Tampa Road, Oldsmar, Florida 34677
Sold: $2,950,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,640 sqft
Land Size
81,892 sqft
Zoning
retail
Property Description
EXTREME PRICE DROP - APPRAISED AT $3,212,000
Corporate Lease renews April 30, 2019 with 3 more renewals for 17 more year thru April 2034.
Current rent is $18,313 NNN (annual $219,756)
C-2 Zoning
2,700 SF of A/C Space with 108 SF open porch and 5,100 SF gas area canopy with 51,500 SF concrete paving on 1.87 acres
Pinnellas County
Great Location
Extremely Good Traffic Flow
Net Operating Income $219,600
7.4% CAP Rate