Investment Offering – $2,145,450
3020 W Columbus Drive, Tampa FL 33607
|NOI: $118,000||Cap Rate: 5.5%|
|Lease Term: 15||Remaining Term: 15|
|Lease Type: NNN||Building Sq. Ft.: 8,300|
|Renewal Options: Six (6), Five (5) Year Options|
- The property is located in a dense infill location of Tampa, FL; Approximately 2 miles to Tampa International Airport and 3 miles to downtown Tampa.
- Reported traffic counts at the inspection of Columbus and MacDill and St are 40,000+/- ADT.
- The property is 100% leased to Family Dollar Stores, Inc. and guaranteed by Dollar Tree, Inc. (NYSE:DLTR)
- Brand New Fifteen (15) Year NNN Lease Term that will commence March 1 2018
- Six (6), Five (5) Year Renewal Options with 5% increases beginning in Year 11 and in each option period.
- Excellent demographics with approximately 250,000 people living in a 5 mile radius.