1733 N 50th St, Tampa, FL 33619
Commercial property for lease
- Description
- Net Lease Investment Opportunity! Absolute NNN Ground Lease with ZERO landlord responsibilities. 15 plus years remaining on base term with four (4) five (5) year options. Structured increases with 10% annual increases every 5 years. Net Operating Income $91,700 annually, which includes rental increases in Dec 2017 and percentage rent overages. 2017 YTD sales up 4% over 2016. 2,767 SF highly visible free-standing building built in 1999 with drive-thru on a corner pad site with .60 acres of land area. Excellent sales volumes with annual sales above the National KFC averages sales per unit. Traffic count of 36,000 vehicles per day. Building price details: $1,700,000.
- Contact info
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Elliott M. Ross, CCIM
- Note
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- Property Details
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Building Name: KFC Property Type: Commercial (Other) Status: Available Lot Size: 0.600 Acres Number of Stories: 1 Year Built: 1999 Year Renovated: 2012 Submarket: Free-Standing Building, Restaurant, Retail-Pad MSA: Tampa-St. Petersburg-Clearwater Zoning: IG Buildings: 1 Tenancy: Single Tenant Construction: Block Terms: Undisclosed Added: 12/18/2017