|Gross Leasable Area (GLA)||3,344|
|Price Per Square Foot (GLA)||$381.02|
|Lot Size||0.24 Acres|
This 3,344-square foot Texaco Xpress Lube in Tampa, Florida, sits on Ehrlich road less than one mile west of Dale Mabry Highway.
The Property is surrounded by national retailers including Publix, Walmart, Staples and Applebee’s among others.
The asset is subject to a 20-year triple-net lease with approximately 14 years remaining. The rent will increase by 20 percent in 2018 followed by another 10 percent increase in 2023. This asset is best suited for an investor looking for a passive investment with zero management responsibilities.