
Financial Summary
Asking Price | $4,890,000 |
Cap Rate | 4.60% |
Net Operating Income (NOI) | $225,000 |
Lease Type | Ground Lease, NNN |
Lease Term Remaining | 20 Years |
Increases | 8% Every 5 Years Starting LY 11 |
- Brand new 20 year ground lease
- Interstate location off I-4, with traffic count of 155,000 VPD
- Hard corner at busy lighted intersection in front of new Holiday Inn Express
- Investment grade tenant (Fitch: BBB)
- 8% Every 5 Years Starting Lease Year 11
Price: | $4,890,000 |
City: | Tampa |
State: | FL |
Square Feet: | 5,000 |
Lot Square Feet: | 104,544 |