tampa nnn value add - foundry commercial...30,525 vpd 30,830 vpd enrollment: 2,100 enrollment: 854...
TRANSCRIPT
NNN VALUE ADD DARK CVS (PAYING RENT 5 YEARS LEFT)
7920 GUNN HWY, TAMPA, FL 33626 | INVESTMENT/REDEVELOPMENT PROPERTY
9.50% CAP RATE!
TAMPA
INVESTMENT CONSIDERATIONS
• Lease commencement 11/19/02• Lease expiration 11/30/22• NOI $351,000 annual• Sale Price $3,694,737• CAP RATE 9.50%
BUILDING FEATURES
BUILDING SIZE 13,995 SF
LAND SIZE 1.95 AC
ZONING CPV - G - 8
YEAR BUILT 2002
PARKING 4.98/1,000
SICKLESHIGH SCHOOL
SERGEANT PAUL R. SMITH MIDDLE SCHOOL
SHELD
ON RD
582
30,5
25 V
PD
30,830 VPD
ENROLLMENT: 2,100
ENROLLMENT: 854
NEW CHARTER SCHOOL 2018
ENROLLMENT: 80050,000 SF
PROPERTY FEATURES
• On-site retention• Multiple access points• Signalized corner• Strong traffic• New development adjacent• Strong demographics
PJ BEHRVice [email protected] Real Estate Broker
For more information, please contact:
Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.
420 S. Orange Ave., Suite 950Orlando, FL 32801
foundrycommercial.com
DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY
DEMOGRAPHIC SNAPSHOT
1 MILE 3 MILE 5 MILE
POPULATION 5,560 55,800 118,963
AVG HHI $100,413 $93,744 $86,051
AVG AGE 40.6 38.8 40.7
ABOUT THE SITE
The subject 1.95 acre site sits at the signalized SEC of Gunn Hwy and Sheldon Rd with good supporting traffic counts and strong area demo-graphics. Across the street to the north is a Publix anchored retail center with Walgreens on the corner and across the street to the west is Sickles High School with enrollment exceeding 2,100 students. The intersection is not the traditional 4-way, but rather a 3-way “T” intersection. Immedi-ately south of the property, along Sheldon Rd, a new 50,000 sf charter school is being built that will ultimately enroll 800 students. The school is slated to open in Fall of 2017.
420 S. Orange Ave., Suite 950Orlando, FL 32801
foundrycommercial.comAlthough the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.
PJ BEHRVice [email protected] Real Estate Broker
For more information, please contact:
DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY
MARKET OVERVIEW
FAWN LAKE Median Home Value $256,029
SICKLESHIGH SCHOOL
SERGEANT PAUL R. SMITH MIDDLE SCHOOL
SHELDON RD
582
30,525 VPD
30,830 VPD
NEW SCHOOL
FAWN RIDGE Median Home Value $267,812
ARBOR LAKESMedian Home Value $343,841
1M SF WESTFIELDMALL CITRUS PARK
420 S. Orange Ave., Suite 950Orlando, FL 32801
foundrycommercial.comAlthough the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.
PJ BEHRVice [email protected] Real Estate Broker
For more information, please contact:
DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY