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Net Lease

Sunstate Equipment (IOS) | 10-Yr NNN | 3% Annual Increases | Tampa, FL

5410 Causeway Blvd, Tampa, FL 33619

Listing Price: $7,700,000

Cap Rate
6.00%
Lot Size
6.85 acres
Year Built
1983
Rentable SF
7,034

Investment Overview

Located in Tampa, Florida | Top 20 MSA in the U.S.
- 3rd Largest City in Florida | 3,000,000+ Residents

Direct Frontage on Causeway Blvd | Corner Lot
- 3 Points of Access for Ideal Ingress/Egress

Close Proximity to Downtown and Port Tampa Bay
- Immediate Access to I-75, I-4 and Hwy 301

Tenant Improvements Currently Underway
- Upgrades to Existing Structure and Laydown Yard

Strong Population Growth | 736,000+ 10-Mile Demos
- Over a 12% Increase in the Past 12 Years

Investment Highlights

  • Corporate Lease with Sunstate Equipment Co., Inc - Top 10 Equipment Rental Company in the U.S.
  • Wholly Owned Subsidiary of Sumitomo Corporation - $29.9 Billion Market Cap | Publicly Traded TYO: 8053
  • 10-Year NNN Lease | 3% Annual Rental Increases - Minimal LL Responsibilities | Three Five-Year Options

Exclusively Listed By

Financing By

Net Lease

Sunstate Equipment (IOS) | 10-Yr NNN | 3% Annual Increases | Tampa, FL

Listing Price: $7,700,000

Cap Rate
6.00%
Lot Size
6.85 acres
Year Built
1983
Rentable SF
7,034

Investment Highlights

  • Corporate Lease with Sunstate Equipment Co., Inc - Top 10 Equipment Rental Company in the U.S.
  • Wholly Owned Subsidiary of Sumitomo Corporation - $29.9 Billion Market Cap | Publicly Traded TYO: 8053
  • 10-Year NNN Lease | 3% Annual Rental Increases - Minimal LL Responsibilities | Three Five-Year Options

Investment Overview

Located in Tampa, Florida | Top 20 MSA in the U.S. - 3rd Largest City in Florida | 3,000,000+ Residents Direct Frontage on Causeway Blvd | Corner Lot - 3 Points of Access for Ideal Ingress/Egress Close Proximity to Downtown and Port Tampa Bay - Immediate Access to I-75, I-4 and Hwy 301 Tenant Improvements Currently Underway - Upgrades to Existing Structure and Laydown Yard Strong Population Growth | 736,000+ 10-Mile Demos - Over a 12% Increase in the Past 12 Years

Exclusively Listed By

Financing By

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