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Shopping Strip

Tire Kingdom Plaza | Tampa MSA

1808 S Parsons Ave, Seffner, FL 33584

Listing Price: $1,400,000

Cap Rate
7.09%
Gross SF
15,750
Rentable SF
15,750
Price/Gross SF
$88.89
Lot Size
1.44 acres
Year Built
1989

Investment Overview

See Offering Memorandum

Investment Highlights

  • VALUE ADD OPPORTUNITY • The subject property is currently 71.43% occupied allowing an investor to add value immediately upon acquiring the property. The unoccupied spaces have been vacant for less tha
  • 11.15% PRO FORMA CAP RATE • The subject property offers tremendous upside by leasing up the 4,500 SF of vacancies. Please contact agent for lease up cost assumptions used when underwriting.
  • STRONG LOCATION • The subject property has direct frontage to over 21,000 vehicles per day and is one parcel off from the intersection of MLK and Parsons which has a traffic count of over 63,000 vehic

Exclusively Listed By

Shopping Strip

Tire Kingdom Plaza | Tampa MSA

Listing Price: $1,400,000

Cap Rate
7.09%
Gross SF
15,750
Rentable SF
15,750
Price/Gross SF
$88.89
Lot Size
1.44 acres
Year Built
1989

Investment Highlights

  • VALUE ADD OPPORTUNITY • The subject property is currently 71.43% occupied allowing an investor to add value immediately upon acquiring the property. The unoccupied spaces have been vacant for less tha
  • 11.15% PRO FORMA CAP RATE • The subject property offers tremendous upside by leasing up the 4,500 SF of vacancies. Please contact agent for lease up cost assumptions used when underwriting.
  • STRONG LOCATION • The subject property has direct frontage to over 21,000 vehicles per day and is one parcel off from the intersection of MLK and Parsons which has a traffic count of over 63,000 vehic

Investment Overview

See Offering Memorandum

Exclusively Listed By

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