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1902 N Dale Mabry Hwy
Tampa, FL 33607 Westshore

$6,822,000 USD

Restaurant For Sale  •  8,460 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 8,460 SF
  • Lot Size 1.18 AC
  • Building Class B
  • Year Built 1968
  • Tenancy Single
  • Zoning CI
36 Transit Score
65 Walk Score

Highlights

6.5 Years remaining on an Absolute NNN lease with two 5-year options to extend. Initial term and option periods include +2% annual rental increases
The lease is corporately guaranteed by Cresco Labs, Inc., one of the largest multistate cannabis operators in the United States with over 30 locations
Long-term Absolute NNN lease provides an attractive, management-free investment located in a state with no state income tax
The asset is located on the westside of N Dale Mabry Hwy in Tampa, FL, the largest retail corridor in Tampa, with an AADT of 57,500
The property is an outparcel to a power center anchored by Home Depot, Nordstrom Rack, HomeGoods, and Target, driving additional traffic to the area
Close proximity to popular destinations such as Tampa International Airport, International Plaza, Westshore Plaza, and Midtown Tampa

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Tampa International 9 min - 3.5 mi
St Pete-Clearwater International 27 min - 14.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Ari Ravi 727-452-6864 Ripco Real Estate
Ari Ravi 727-452-6864 Ripco Real Estate