Busch & 30th Retail
2920 E Busch Blvd, Tampa, FL 33612, USA
Sold Price $3,900,000
Asking Cap Rate | Recorded Date | Lease structure | Occupancy |
---|---|---|---|
6.5% | January 09, 2025 | NNN | 100% |
Price Per SF | Year Built | Building Size | Property Type |
$487 | 2018 | 8120 SF | Retail |
Investment Highlights
-
NNN Lease Structure
Triple Net (NNN) lease ensures minimal landlord responsibilities and stable returns. CAM is collected from the tenants and includes the property tax, insurance and maintenance of the grounds. -
Prime Location
Directly across from Busch Gardens, which sees over 4 million visitors annually. Less than 1 mile to USF and student living facilities. -
High Traffic
Situated in a high-traffic area with an average of 100,000 vehicles passing by daily. -
Diverse Consumer Base
The combination of tourists, students, and local residents ensures a consistent and diverse customer base for tenants. -
Stable Income
Generates a Net Operating Income (NOI) of $264,000. With a true (NNN) lease structure. -
*Ownership Interest
The owner has ownership interest in Dhruv Realty
Broker Of Record
- JOSEPH CALDARELLI
- LIC. NUMBER: BK3386144 (FL)
- DHRUV Realty
- 6903 Congress St,
- New Port Richey,
- FL 34653