4902 E Hillsborough AvenueTampa, FL 33610MLS Number T3379684

  • Price: $1,700,000
  • 17 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
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4902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 336104902 E Hillsborough Avenue Tampa FL 33610
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  • 10,229Square Feet
  • 1.15Acreage
  • 2002Year Built
  • ActiveMls Status
10,000 sqft Free Standing Family Dollar Store. Original lease started in June 2002. Current lease expires on December 31,2022. New lease starts January 1,2023 until December 31,2027 with two remaining automatic extensions of 5 years each. Below is rent schedule: Existing Lease: $96,204 per year expires December 31,2022 New Lease: $84,195 per year starts January 1,2023-25 New Lease: $96,195 per year starts July 1,2025-27 This is a great passive investment. Tenant pays all utilities,real estate taxes,insurance and responsible for all repairs. Landlord is responsible for roof,AC system and building structure. Family Dollar/Dollar General is a multi-billion dollar company with over 8,000 stores in the United States. Trades on the New York Stock Market under "FDO". The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of "BBB" which is classified as "Investment Grade".
Listed by Frank Leto of GREAT AMERICAN REALTY

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road Frontage["Divided Highway", "Highway"]

Parking

  • Parking Features ["Parking Spaces - 19 to 30"]

Location

  • Address4902 E Hillsborough Avenue
  • AreaTampa / East Lake
  • Building Number4902
  • CountyHillsborough
  • Directions East hillsborough avenue near 50th street near hard rock hotel.
  • StateFL
  • StreetHillsborough
  • SubdivisionUnplatted
  • TownTampa
  • Township 28
  • Zip33610

Basic Information

  • List Price$1,700,000
  • MLS NumberT3379684
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Ceiling Height 10 to 15 Feet
  • MFR Ceiling Type Acoustical
  • Roof["Metal"]
  • Stories1
  • Year Built2002

Property Information

  • Acreage1.15
  • Construction Materials ["Block"]
  • Lot Description["Paved"]
  • Lot Size Dimensions 150x332
  • Lot Size Square Feet 49,950
  • MFR Adjoining Property Commercial
  • MFR Front Footage 150
  • MFR Total Acreage 1 to less than 2
  • Square Feet10,229

Tax Information

  • Tax Year 2021
  • Taxes$24,208

Basic Information

  • Property SubTypeRetail

Property

  • Living Area 10229
  • ZoningCI

Interior

  • Flooring ["Concrete"]

Utilities

  • Cooling ["Central Air"]
  • Electric ["200+ Amp Service"]
  • Heating ["Central"]
  • Sewer ["Public Sewer"]
  • Utilities ["Public"]
  • Water Source ["Public"]

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed06/10/2022
  • MFR Annual Income Type Actual
  • MFR Flood Zone Code X
  • View Count1

Based on information submitted to StellarMLS as of June 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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