DOLLAR TREE (TAMPA) 3935 W. Hillsborough Ave, Tampa, FL
FOR SALE: PRICE: $1,962,000 CAP RATE: 10.5%
Property Highlights • The entire property is a true NNN lease to Aaron’s Inc. through 10/31/19 • Aaron’s Inc. has sub-leased 10,015 SF to Dollar Tree thru 10/31/19, who pays rent direct to Aaron’s Inc. • The remaining 21,713 SF is current vacant, with Aaron’s Inc. paying the total rent and all operating expenses • On 10/31/2019, the lease with Aaron’s Inc. expires, and the 21,713 SF is now available for a new tenant • On 11/01/2019, the Dollar Tree lease will be direct with the Landlord thru 3/31/22, with 4 x 5 year options • Offered well below replacement cost at only $62/SF • This location has 298,737 people living within a 5 mile radius • Great visibility and access on West Hillsborough Road, with 71,500 cars passing per day
For additional information, please contact: Elliott Kyle 404.812.8927
[email protected] Chase Murphy 404.812.8925
[email protected] w w w. sk y l in es even .co m
Tyler Hancock 404.812.8916
[email protected]