Tampa, FL - Shooter's World
$9,999,000
116 E Fletcher Ave, Tampa, FL 33612
7.75
Cap Rate
774,681
NOI
Details:
Description:
• The lease is guaranteed by SW Holdings I, LLC
• 5 years remaining with 2 (5-year) option periods to extend
• The Lease features 2% annual rental increases throughout the intimal term and option periods, steadily growing NOI and hedging against inflation
• The asset is adjacent to a freestanding Winn Dixie and Northpointe Crossing, a 75,000 SF neighborhood center anchored by Harbor Freight and Save-a-Lot
• Located in a dense retail corridor, the asset is within close proximity of multiple national/credit tenants including Walmart Supercenter, Target. Sprouts, Aldi, Ross, Burlington, dds Discounts, and more
• Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site
Location

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