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Tampa, FL - Shooter's World

$9,999,000

116 E Fletcher Ave, Tampa, FL 33612

Active
Last Updated: 06/10/2025

7.75

Cap Rate

774,681

NOI

Details:
Cap Rate:    7.75%
NOI:    $774,681
Building Size:    62,711 sqft
Lot Area:    4.59 acres
Year Built:    1990
Zoning:    CG: Commercial-General
Year Last Renovated:    2000
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

Map:
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