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4902 E Hillsborough Avenue

Tampa, FL 33610
  • $1,700,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: T3379684
UPDATED: 26 min ago
$1,700,000
  • 0
    BEDS
  • 1.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,229
    SQFT
  • $166
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2002
County:

School Ratings & Info

Description

10,000 sqft Free Standing Family Dollar Store. Original lease started in June 2002. Current lease expires on December 31, 2022. New lease starts January 1, 2023 until December 31, 2027 with two remaining automatic extensions of 5 years each. Below is rent schedule: Existing Lease: $96,204 per year expires December 31, 2022 New Lease: $84,195 per year starts January 1, 2023-25 New Lease: $96,195 per year starts July 1, 2025-27 This is a great passive investment. Tenant pays all utilities, real estate taxes, insurance and responsible for all repairs. Landlord is responsible for roof, AC system and building structure. Family Dollar/Dollar General is a multi-billion dollar company with over 8,000 stores in the United States. Trades on the New York Stock Market under "FDO". The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of "BBB" which is classified as "Investment Grade".

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-06-30T12:47:07.487.
www.suncoasthousing.com/homes/129716649
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4902 E Hillsborough Avenue Tampa, FL 33610

  • Price: $1,700,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 26 min ago
  • MLS #: T3379684
0
Beds
0
Baths
0
½ Baths
1.15
Acres
10,229
SQFT
$166
$/SQFT
2002
Built
Neighborhood:
Unplatted
County:
Hillsborough
Area:
Tampa / East Lake
Property Description
10,000 sqft Free Standing Family Dollar Store. Original lease started in June 2002. Current lease expires on December 31, 2022. New lease starts January 1, 2023 until December 31, 2027 with two remaining automatic extensions of 5 years each. Below is rent schedule: Existing Lease: $96,204 per year expires December 31, 2022 New Lease: $84,195 per year starts January 1, 2023-25 New Lease: $96,195 per year starts July 1, 2025-27 This is a great passive investment. Tenant pays all utilities, real estate taxes, insurance and responsible for all repairs. Landlord is responsible for roof, AC system and building structure. Family Dollar/Dollar General is a multi-billion dollar company with over 8,000 stores in the United States. Trades on the New York Stock Market under "FDO". The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of "BBB" which is classified as "Investment Grade".
Exterior Features

Adjoining Property Commercial Construction Materials Block Covered Spaces 0 Foundation Details Slab Front Footage 150 Lot Size Dimensions 150X332 Open Parking YN No Parking Features 19 To 30 Spaces Road Frontage Type Divided HighwayHighway Road Surface Type PavedAsphalt Roof Metal Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 10229 Ceiling Height 10 To 15 Feet Ceiling Type Acoustical Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Annual Expenses 0 Electric 200+ Amp Service Flood Zone Code X Listing Terms Cash New Construction Yn No Ownership Corporation Property Sub Type Retail Realtor Info Currently LeasedNo SignSee Attachments Special Listing Conditions None Tax Annual Amount 24208.42 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Zoning Ci


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Great American Realty.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-06-30T12:47:07.487.
 
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