INVESTMENT PROPERTY 7.5% CAP RATE FOR SALE

3,576 SF | Retail Building | Oldsmar, FL 34677 | $1,200,000 ($336/SF) | 7.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,200,000

Property Type
Retail
Square Feet
3,576 SF
Price / Square Foot
$336

Listing Contacts

Swapna Shah
Swapna Shah
Verified Profile
Kari Grimaldi
Kari Grimaldi
Verified Profile
  • Property Info

Property Overview

Discover an exceptional investment opportunity with this leased auto repair shop, boasting a lucrative monthly income of $8925 under a 5-year lease with a5% annual escalation clause. With a desirable 7.5% cap rate, this property presents a secure and attractive return on investment.
Nestled within a thriving C2 zone, this property spans 3,576 sq.ft. on a generous.63 acre lot. Inside, you'll fi nd a well-appointed lobby, 2 restrooms, a kitchen area, 1 senior office, 1 junior office, and a fully equipped garage featuring 3interior lifts and 1 exterior lift.
Benefit from the peace of mind provided by a Clean Phase 1 environmental study, ensuring a clean and compliant property. The sale includes all lifts, streamlining your investment process.
Contact our Swapna Shah 813-789-4142 to schedule a showing and explore this lucrative opportunity further. Please respect the current tenant's privacy and refrain from visiting the property without an appointment.
Contact Agent for Showing. Please do not go to the property without appointment.

Property Details

Class
C
Year Built
1959
Stories
1
Property Subtype
Vehicle Related, Service, Storefront Retail/Office
Lot Size (sq. ft)
28,750 SF

Highlights

  • Great income producing long term lease property
  • Free Standing Masonry office/warehouseVehicle Repair Shop for sale
  • An ideal location for automotive repair, tire sales, and other vehicle related service
  • Clean Phase 1 environmental study.
  • 3 Lifts 2 Grade Level roll up doors

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