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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

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

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