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Tampa, FL - Lightbridge Academy

$7,452,000

8525 Montague St, Greater Northdale, FL 33626

Active
Last Updated: 12/07/2025

6.25

Cap Rate

465,750

NOI

Details:
Cap Rate:    6.25%
NOI:    $465,750
Building Size:    11,500 sqft
Year Built:    2026
Zoning:    Commercial
Description:

• The tenant recently signed a brand new 15-year lease with 2 (5-year) options to extend
• The lease features 12.5% increases every 5 years and at the beginning of each option, demonstrating NOI and providing a hedge against inflation
• 2026 construction that will feature high quality materials, distinct design elements, and high-level finishes

• The asset is located at the signalized, hard corner intersection of W Waters Ave and Montague St averaging 49,300 VPD
• The nearby retailers include Walgreens, Target, PetSmart, Publix, and more
• The dense residential corridor will provide a direct and convenient consumer base from which to draw
• The asset has excellent visibility and multiple points of ingress/egress

Map:
Location
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