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14041 N Florida Ave
Tampa, FL 33613 Lake Magdalene

$1,794,194 USD

Auto Dealership For Sale  •  3,739 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 2,372 SF
  • Lot Size 0.44 AC
  • Building Class C
  • Year Built 1971
  • Tenancy Single
  • Zoning CG
30 Transit Score
40 Walk Score

Highlights

Maxa Ride recently signed a 5-year lease with +3% rental increases annually, increasing cash flow and hedging against inflation
Absolute NNN lease provides stabilized cash flow with no Landlord responsibilities
The property was fully renovated in 2022, reducing the likelihood of capital expenses at the property
Lease includes three, 3-year renewal options each with annual rent increases
The dealership is located on the eastside of N Florida Ave, one of the primary north-south thoroughfares in Tampa with an AADT of 24,000
The property sits within a dominant automotive corridor featuring 19 nearby dealerships, offering exceptional visibility & access to consumer traffic

Public Transportation

Commuter RailDriveWalkDistance
Tampa (Silver Star - Amtrak) 15 min - 9.3 mi
AirportDriveWalkDistance
Tampa International 25 min - 16.5 mi
St Pete-Clearwater International 42 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Ari Ravi 727-452-6864 RIPCO Real Estate
Ari Ravi 727-452-6864 RIPCO Real Estate