INCOME PRODUCING PROPERTY FOR SALE

[Pages:15]INCOME PRODUCING PROPERTY FOR SALE PRIME CARROLLWOOD LOCATION 6.23% CAP RATE N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618

SALE BROCHURE ? JUNE 19, 2020

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

Grimaldi Commercial Realty Corp ? 115 W Bearss Ave ? Tampa, FL 33613 ? 813.882.0884

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 EXECUTIVE SUMMARY

OFFERING SUMMARY

Sale Price: Lot Size: Building Size: Zoning: Market:

$999,000 0.39 Acres

3,052 SF CI

Tampa

PROPERTY OVERVIEW

INCOME PRODUCING PROPERTY 6.23% CAP RATE, Prime Carrollwood Location! Zoned Commercial CI (commercial intensive). Auto Repair Shop located on N Dale Mary Hwy in Tampa, just south of the Linebaugh Ave/ Dale Mabry Intersection, near the Busch Blvd ramp. AUTOMOTIVE TENANT/KING AUTO CARE leases both buildings on the site. Current lease term expires 9/23/22 with one three year renewal term. Tenant wishes to remain on a long term lease. Tenant responsible for property maintenance including electrical, plumbing, repairs or damage to HVAC. Subject property (Total: 3,052 sq.ft.) consists of an auto service garage (1904 sq ft) and office building (1148 sq ft). New Asphalt Road in 2016. New Stucco added to both buildings added 2016. One car lift. Well water. Trespass lease income of $150 monthly for sign access on property.

Swapna Shah

Kari L. GSeriematltdaic/hBerdok"eCrI Restricted" Zoning Permitted Uses and

813.882.0884

813.882.08E8x4clusions

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 COMPLETE HIGHLIGHTS

SALE HIGHLIGHTS

? INCOME PRODUCING PROPERTY 6.23% CAP ? Prime Carrollwood Location ? Direct Visibility Signage on N Dale Mabry Hwy ? AUTOMOTIVE TENANT/KING AUTO CARE

lease both buildings on the site. Current lease term expires 9/23/22 with one three year renewal term. Tenant wishes to remain on a long term lease. ? Tenant responsible for property maintenance including electrical, plumbing ,repairs or damage to HVAC ? 2 Commercial Intensive (Restrictive, per County) Buildings on .4 Acre

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618

PROPERTY DESCRIPTION

PROPERTY DESCRIPTION INCOME PRODUCING PROPERTY 6.23% CAP RATE, Prime Carrollwood Location! Zoned Commercial CI (commercial intensive). Auto Repair Shop located on N Dale Mary Hwy in Tampa, just south of the Linebaugh Ave/ Dale Mabry Intersection, near the Busch Blvd ramp. AUTOMOTIVE TENANT/KING AUTO CARE leases both buildings on the site. Current lease term expires 9/23/22 with one three year renewal term. Tenant wishes to remain on a long term lease. Tenant responsible for property maintenance including electrical, plumbing, repairs or damage to HVAC. Subject property (Total: 3,052 sq.ft.) consists of an auto service garage (1904 sq ft) and office building (1148 sq ft). New Asphalt Road in 2016. New Stucco added to both buildings added 2016. One car lift. Well water. Trespass lease income of $150 monthly for sign access on property.

Swapna Shah

813.882.0884

Kari L. Grimaldi/ Broker

813.882.0884

See attached "CI Restricted" Zoning Permitted

swapna@ kari@grimaldicommerciaUlresaeltsy.caonmd Exclusions

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

LOCATION DESCRIPTION the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 ADDITIONAL PHOTOS

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 LOCATION MAPS

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 DEMOGRAPHICS MAP & REPORT

POPULATION Total population Median age Median age (Male) Median age (Female)

HOUSEHOLDS & INCOME Total households # of persons per HH Average HH income Average house value

* Demographic data derived from 2010 US Census

1 MILE 12,945

35.0 32.4 37.5

1 MILE 5,452 2.4

$62,701 $267,214

3 MILES 109,023

37.6 36.0 39.4

3 MILES 43,184 2.5

$60,509 $222,296

5 MILES 284,815

36.6 35.3 38.0

5 MILES 112,321

2.5 $56,502 $207,320

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

PRIME CARROLLWOOD INCOME PRODUCING PROPERTY 6.23% CAP RATE - TWO BUILDINGS ON N DALE MABRY HWY

9900/9902 N Dale Mabry Hwy, Tampa, FL 33618 AERIAL MAPS

9900/9902 N Dale Mabry Hwy

Swapna Shah

Kari L. Grimaldi/ Broker

813.882.0884

813.882.0884

swapna@ kari@

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any of the information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.

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