Grocery Store
Publix | Low Price Point | Huge Sales | Tampa, FL
8701 W Hillsborough Ave, Tampa, FL 33615
Listing Price: Request For Offer
Tenant Name
Publix
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
64,031
Lease Type
NNN Ground Lease
Rent Per Square Feet
$3.83
Investment Overview
See OM
Publix | Low Price Point | Huge Sales | Tampa, FL
Investment Highlights
- EXTREMELY STRONG PERFORMING LOCATION Since assuming the original Albertson's lease, Publix has performed incredibly well at this location with steady sales growth over the last 5 years: 28.7% growth
- SIGNIFICANTLY BELOW MARKET RENTS The rent PSF is extremely low allowing an investor to own a very low risk asset with the upside of replacing the rents to market ($15/PSF-$20/PSF) when options end.
- RENT TO SALES RATIO This location has a rent to sales ratio of 0.47% showing the incredible sales performance this location does and presents enormous opportunity to restructure the lease
Exclusively Listed By
Financing By
Grocery Store
Publix | Low Price Point | Huge Sales | Tampa, FL
Listing Price: Request For Offer
Tenant Name
Publix
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
64,031
Lease Type
NNN Ground Lease
Rent Per Square Feet
$3.83
Investment Highlights
- EXTREMELY STRONG PERFORMING LOCATION Since assuming the original Albertson's lease, Publix has performed incredibly well at this location with steady sales growth over the last 5 years: 28.7% growth
- SIGNIFICANTLY BELOW MARKET RENTS The rent PSF is extremely low allowing an investor to own a very low risk asset with the upside of replacing the rents to market ($15/PSF-$20/PSF) when options end.
- RENT TO SALES RATIO This location has a rent to sales ratio of 0.47% showing the incredible sales performance this location does and presents enormous opportunity to restructure the lease
Investment Overview
See OM
Exclusively Listed By
Financing By
