Taco Bell - Tampa

Asset Type

Retail

Address
7620 W Hillsborough Ave Tampa, FL United States 33615-4106
Asking Price

S$2,833,000

Sq Footage

2,253

Year Built

2006

Cap Rate

5.50%

Additional Attributes
Current / Passing Rent S$155,800
Lease Expiration 2033-07-01
Lease Type NNN
Tenant Bde Florida, LLC

Property Description

Single-tenant Taco Bell for sale in Dade City, in the Tampa Bay area of Florida. The property has direct visibility to Hillsborough Avenue and is strategically located across from a Big Lots-anchored retail center that is supported by TJ Maxx and Auto Zone. The property sits on 0.92 acres of land and has a low rent to sales ratio compared to other QSRs in the area. Tampa Bay, along Florida’s Gulf Coast, is a major business center and also known for its museums and cultural offerings.

Investment Highlights

  • Fee simple interest
  • Property features an absolute NNN lease structure with over 14 years of original term remaining
  • Zero landlord responsibilities
  • Tenant is BDE Florida, a regional franchisee with approximately 25 Taco Bell locations and operates with a personal guarantee
Listing Contacts
Eric Suffoletto
Eric Suffoletto
EVP, Capital Markets
+65 3159 4021
IL - 475.14702
Peter Furest
Peter Furest
SVP, Capital Markets
+65 3159 4021
NY - 10401232530
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