3,007 Square Foot Retail Space For Sale @ 16581 Fishhawk Blvd

16581 Fishhawk Blvd, Lithia, FL 33547

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Mike M.

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Established Taco Bell franchisee with 1.75% annual increases. Original 15 Year NNN Lease that commenced on 1/1/2008 with four 5 year options. Surrounded by residential Fishhawk Landings, an award-winning 3,000 Acre, master-planned community in southeast Hillsborough County and high profile retail directly on Fishhawk Blvd., which is the main retail corridor in Lithia. 3,115 SF free standing building situated on 1.25 acres.

Tenant, Coastal QSR operates over 45 YUM Brand concepts in Florida and is a subsidiary company off Prometheus who is the largest Taco Bell franchisee in Florida with 142 locations.

Sales Info:
■ Commision split: 1.0%

Location Description:
East Tampa/Riverview area 5 miles east of I-75. Neighboring businesses include Publix, Sweet Bay,Outback Steak House, McDonalds, Burger King, Beef O Brady's, Bank of America, Regions Bank, etc... Directly across the street from Newsome High School.

Highlights:
■ Absolute 15 Year NNN
■ Annual Increases - 1.75%
■ 10 Years From January 2013 Remaining on Lease
■ Four 5 Year Options with 1.75% Annual Increases
■ Built in 2006
■ 1.25 Acre Parcel

Pricing: $975,000

Availability: Now

Listing ID: 314223


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Sale Price: $975,000

Size: 3,007 square feet

Type: Retail Space

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