Tampa, FL 33612,11608 N FLORIDA AVE
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Tampa, FL 33612,11608 N FLORIDA AVE
Tampa, FL 33612,11608 N FLORIDA AVE
Tampa, FL 33612,11608 N FLORIDA AVE
Tampa, FL 33612,11608 N FLORIDA AVE

$3,000,000

Est. payment /mo

$3,500,000

14.3%
Est.Price: ?

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11608 N FLORIDA AVE Tampa, FL 33612

8,435 SqFt

SOLD DATE : 07/21/2023

Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 8,435 sqft

Price per Sqft $355

Subdivision Unplatted

MLS Listing ID T3442060

Sold Date 07/21/23

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1984

Annual Tax Amount $31,607

Lot Size 3.460 Acres

Acres 3.46

Property Description

Prime Investment Opportunity with Single Tenant Net Leased Retail Investment Offering. This property is located in Prime location for auto dealership. Located on N Florida Avenue, just south of Fowler Ave. in Tampa. Referred often as the “Motor Mile” and has neighboring dealerships including: Tesla, BMW, Porsche, Mazerati, Audi, Land Rover, VW, Subaru, Acura, Nissan, Lincoln, Chevrolet & Ford to name just a few. This is an immaculate automobile dealership property occupied by The Hertz Company for the past 10 years, and with 2- 5 year renewal options that include rent increases with each option term. The facilities include 6 individual Sales Offices with spacious Showroom Floor, Service Department with 7 Service Bays, Parts Department, Customer reception and waiting area and a spacious employee kitchen and breakroom. Metal roof and walls, A/C system are 6 years old. Over 200+parking spaces. The site benefits from its excellent visibility and frontage along Florida Ave (26k VPD) and its corner location provides excellent access. Minutes from the vibrant Downtown Tampa metro and a 20-minute drive to Tampa International Airport.

Location

State FL

County Hillsborough

Community Unplatted

Zoning CI

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Roof Type Metal

Building

Story 1

Foundation Block

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Metal Siding

New Construction false

Construction Status Inspections

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COLDWELL BANKER REALTY
Bought with EXCELLECORE REAL ESTATE INC
agent

Magda Ochoa

Broker Associate | License ID: BK3453248

+1(813) 400-9163

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