Valvoline | Absolute Triple Net Ground Lease Investment Opportunity

13010 S US Highway 301, Riverview, FL

$1,333,333

Price

5.25%

Cap Rate

$70,000

NOI

Overview
Cap Rate
5.25%
NOI
$70,000
Building Size
2,260 sqft
Lot Area
0.78 acres
Lease Type
Absolute Net
Year Built
2019 - Under Construction
Price Per Sqft
$589.97
Roof & Structure
Tenant’s Responsibility
HVAC
Tenant’s Responsibility
Repairs & Maintenance
Tenant’s Responsibility
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,260 SF Valvoline Located at 13010 S US Highway 301 in Riverview, Florida. This Opportunity Features an Absolute Triple Net (NNN) Ground Lease on a Brand New 2019 Construction That is Part of a New Sprouts Anchored Shopping Center, Providing For a Secure Investment.

In Cooperation with SIG RE Services, LLC - Lic. # CQ1055229

Highlights
  • Brand New 2019 Construction
  • 15 Year Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • The Subject Property Sits Just North of the Signalized Corner at Summerfield Crossing Blvd and U.S. Highway 301 With Over 28,100 VPD
  • Part of the Brand New Sprouts Anchored Shopping Center Opening Early Fall 2019 (See Site Plan on Following Page)
  • Metrolube Companies Operates 50 Units in Florida
  • Riverview is One of the Hottest Growing Tampa Suburbs With Average Household Incomes of $91,023 Within a 3-Mile Radius
  • Property Located in the Tampa – St. Petersburg -Clearwater MSA; Approximately 40 Minutes From the Tampa International Airport
  • Riverview Has a Population Growth of 4.26% Between 2016 (84,590) and 2017 (88,191); Current Population Projections are 110,246 Within a 5-Mile Radius
  • Nearby Tenants Include: Publix, Marshalls, Winn-Dixie, Sam’s Club, Walmart, Taco Bell, Walgreens, Bealls, Wells Fargo, Wendy’s, Starbucks, Buffalo Wild Wings, Kay Jewelers and Advance Auto Parts
Documents

Location
Gallery