Catylist ID:
#30816793
7-Eleven :: Net Leased Investment :: 2-Story- 7,114 SF :: Ybor City
Retail-Commercial
for Sale
| Catylist Listing ID: | 30816793 |
| Property Subtypes: | Convenience Store, Free-Standing Building, Retail-Pad, Street Retail, Other |
| Building Size (RSF): | 7,114 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3,980 SF |
| Sale Price: | $6,200,000 |
| Unit Price: | $871.52 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN) |
| Building Name: | 1535 E 7th |
| Usable Size (USF): | 7,114 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/25/2023 |
Overview / Comments
|
Florida Commercial Group presents a fantastic 7th Avenue purchase opportunity in the heart of bustling Ybor City. This property offers a limitless opportunities for a new owner seeking a turn-key investment property. :: Current 7-Eleven tenant is on a 10 year NNN lease with 2 years remaining and four (5) year (extended lease) renewals, call Broker for lease details :: Purchase to include 7,114 SF building directly on bustling 7th Avenue :: Parking consists of paid City curbside parking as well as 16th Street Garage parking just around the corner to the rear of the building :: Highest and Best Use: Convenience store with second story residential/ creative space, professional office, retail and or restaurant with balcony :: Artists, Professionals or Consultants can do well here :: Located at the intersection of 7th Avenue/ 16th Street intersection :: Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other major travel arteries :: Property sits 1 block south of the trolley line and is in walking distance of the Centro Ybor Trolley Station (#2) on 8th Avenue :: This area is exploding with brand new Commercial, Retail and Residential growth and is surrounded by countless redevelopment projects :: Neighboring businesses include: Hotel Haya, Hampton Inn and Suites, Centro Ybor, Hillsborough Community College, Ybor City Tap House, Truist Bank, etc… :: High-energy business & retail district that is frequented by local & regional visitors- a great place to invest, relocate or expand your business. Call today for additional property details. PROPERTY HIGHLIGHTS - Offering price: $6,200,000/ - 7 Eleven tenant occupying ground floor - 10-year NNN lease - Four (5-year options) on extended lease term - Landlord is responsible for roof, structure, and facilities servicing the premises - East Tampa MSA- Ybor City - Situated in a QOZ and qualified HUBZone - High pedestrian traffic - Centrally located in the heart of bustling Ybor City - Great access to Streetcar commuters traveling between Ybor City and Downtown Tampa - Parking: offsite, Centro Ybor Parking Garage along with some curbside parking - Great Value-Add investment! |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 19291850N000046000010A |
| Zoning: | YC-1 |
| Retail Clientele: | General, Business, Traveler, Tourist, Other |
| Traffic/Vehicle Count: | 5,500 |
| Highway Access: | I-75, I-275 |
| Airports: | TPA |
| Site Description: | Florida Commercial Group presents a fantastic 7th Avenue purchase opportunity in the heart of bustling Ybor City. This property offers a limitless opportunities for a new owner seeking a turn-key investment property. :: Current 7-Eleven tenant is on a 10 year NNN lease with 2 years remaining and four (5) year (extended lease) renewals, call Broker for lease details :: Purchase to include 7,114 SF building directly on bustling 7th Avenue :: Parking consists of paid City curbside parking as well as 16th Street Garage parking just around the corner to the rear of the building :: Highest and Best Use: Convenience store with second story residential/ creative space, professional office, retail and or restaurant with balcony :: Artists, Professionals or Consultants can do well here :: Located at the intersection of 7th Avenue/ 16th Street intersection :: Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other major travel arteries :: Property sits 1 block south of the trolley line and is in walking distance of the Centro Ybor Trolley Station (#2) on 8th Avenue :: This area is exploding with brand new Commercial, Retail and Residential growth and is surrounded by countless redevelopment projects :: Neighboring businesses include: Hotel Haya, Hampton Inn and Suites, Centro Ybor, Hillsborough Community College, Ybor City Tap House, Truist Bank, etc… :: High-energy business & retail district that is frequented by local & regional visitors- a great place to invest, relocate or expand your business. Call today for additional property details. PROPERTY HIGHLIGHTS - Offering price: $6,200,000/ - 7 Eleven tenant occupying ground floor - 10-year NNN lease - Four (5-year options) on extended lease term - Landlord is responsible for roof, structure, and facilities servicing the premises - East Tampa MSA- Ybor City - Situated in a QOZ and qualified HUBZone - High pedestrian traffic - Centrally located in the heart of bustling Ybor City - Great access to Streetcar commuters traveling between Ybor City and Downtown Tampa - Parking: offsite, Centro Ybor Parking Garage along with some curbside parking - Great Value-Add investment! |
| Area Description: | AREA HIGHLIGHTS Steady surrounding population of 35,712 residents within a 3-mile radius Average HH income exceeds $57,981 within 3 miles of the property Prime 7th Avenue frontage Located at the busy intersection of 7th Avenue & 16th St. Tremendous branding and signage opportunities for 2nd floor tenants Centrally located in the heart of bustling Ybor City Short walk to Centro Ybor & all Ybor amenities Near Hotels, Entertainment and Shopping Neighboring businesses include: Centro Ybor, Hotel Haya, Hampton Inn & Suites, The Ritz Ybor, Ybor City Wine Bar, King Corona Cigars Bar and Café, Truist Bank, Tampa Brewing Company, Ybor City Tap House, Gaspar’s Grotto, Carmine’s Restaurant, Hilton Gardens Inn-Ybor, Hampton Inn and Suites, Hillsborough Community College, GameTime, Tribeca Salon and others… Excellent accessibility to and from N. 22nd Street, N. 15th Street, Nebraska Avenue or Hwy 60/ Adamo Drive Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other Major Travel Arteries AREA Offering for Sale 1535 E. 7th Avenue, just 2 doors over from the renowned King Corona Cigars Bar & Café in the iconic Arturo Fuente Cigar Building. Situated on the main drag, this property boasts tons of pedestrian traffic as there are many thriving businesses and new businesses along with new developments within a 3- block radius of this location. Located directly on highly travelled 7th Avenue in the busy Retail District of Ybor City, this property not only offers fantastic exposure, but it also offers phenomenal signage and benefits from over 5,500 VTD by your door! Tenancy here provides proximity to everything East Tampa has to offer as well as quick access to the many surrounding historic areas. Subject property also neighbors multiple restaurants, countless retail storefronts, banking, entertainment, educational facilities and newly renovated and constructed condos and residential neighborhoods. West of this site, you will find the Hampton Inn and Suites along with the newly constructed, 5-star, luxury Hotel Haya. You and your clients can walk to lunch or dinner from your door and you’ll have ease of access to great dining, contemporary shopping and comfortable lodging accommodations. Long-term owners and tenants of varying commercial uses surround this location with a charge of positive and successful energy. This exceptional opportunity is not to be missed and provides a great opportunity to get in on the renaissance of Historic Ybor City. Minutes away from Tampa’s major interstate system; Interstate 4, Interstate 275 and the Lee Roy Selmon Crosstown Expressway; East Tampa and the surrounding areas are a quick commute by car, HART line public transit or the TECO Line street trolley that runs between Ybor City, the Channel District and Downtown Tampa! Tampa International Airport is a quick 8- mile commute away and Downtown Tampa sits just 2 miles from this property making it central enough to serve your customers’ needs. Call our office today for additional property details and get in on all the exciting growth that’s happening throughout Ybor City. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Excellent |
| Year Built: | 1908 |
| Parking Type: | Other |
| Interior Description: | Florida Commercial Group presents a fantastic 7th Avenue purchase opportunity in the heart of bustling Ybor City. This property offers a limitless opportunities for a new owner seeking a turn-key investment property. :: Current 7-Eleven tenant is on a 10 year NNN lease with 2 years remaining and four (5) year (extended lease) renewals, call Broker for lease details :: Purchase to include 7,114 SF building directly on bustling 7th Avenue :: Parking consists of paid City curbside parking as well as 16th Street Garage parking just around the corner to the rear of the building :: Highest and Best Use: Convenience store with second story residential/ creative space, professional office, retail and or restaurant with balcony :: Artists, Professionals or Consultants can do well here :: Located at the intersection of 7th Avenue/ 16th Street intersection :: Minutes from Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, Seminole Heights, Interstate 275, Interstate 4, Selmon Expressway and other major travel arteries :: Property sits 1 block south of the trolley line and is in walking distance of the Centro Ybor Trolley Station (#2) on 8th Avenue :: This area is exploding with brand new Commercial, Retail and Residential growth and is surrounded by countless redevelopment projects :: Neighboring businesses include: Hotel Haya, Hampton Inn and Suites, Centro Ybor, Hillsborough Community College, Ybor City Tap House, Truist Bank, etc… :: High-energy business & retail district that is frequented by local & regional visitors- a great place to invest, relocate or expand your business. Call today for additional property details. |
| Zoning Description: | YC-1 |
| Lot Frontage: | 41 |
| Lot Depth: | 95 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,862 | 110,939 | 290,739 |
| Median Age: | 35.47 | 34.96 | 36.21 |
| Households: | 7,118 | 45,051 | 117,289 |
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