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$7,650,000 • living size area 46000 sqft
Direct road frontage on hoover blvd. with plenty of parking on this 3.43 acre lot. located less than a mile east of the veterans expressway and the airport, this building is in a great position for shipping product in and out of tampa. there is a new 12 year lease in place with the current tenant that has been operating at this location for 12+ years. 2.5% annual increases in base rent for this nnn lease make the purchase of this building an excellent long term investment. with a cap rate of 8% you don't often find such a lucrative purchase available on the market. this one will go fast.Commercial -
5710 HOOVER, TAMPA, FL 33634
Date Sold 05-29-2015
Sold Price$7,650,000 Asking Price$7,650,000
- Living 46000sqft
- Lot size 149410sqft
- Taxes: Register to see
- Year Built 1980
-
Days on market:
93 day(s) Original Price:
$7,650,000-
Price per sqft:
$166.3 Tax Legal Description:
AIRPORT SERVICE CENTER THAT PART OF LOT 1 AND W 20 FT OF VAC HOOVER BLVD ABUTTING ON E BLOCK A DESC AS BEG AT SW COR OF LOT 1 RUN N ALG W BDRY 405.02 FT TO SLY R/W OF IDLE- WILD AVE THN ALG SD R/W NELY AN ARC DIST OF 80.49 FT THN S 01 DEG 18 MIN 45 cont..Tax Year:
2014-
MLS:
T2742663 -
Property Type:
Commercial
Lease Term Remaining:
6 + YearsRoof:
Built-UpCooling Description:
Central AirHeating Description:
CentralSpecial Listing Conditions:
None
