Valrico FL Real Estate & Commercial for Sale

Ground lease agreement (absolute NNN). 13+ years remaining on initial 20-year lease term with 6 additional 5-year options. Current NOI of $181,440. Rent increases of 8% every 5 years during initial term. Rent increases again in November 2025. Asking cap rate 5.15%

Pleased to offer for sale a prime retail/ office condo in the Bloomingdale area of Brandon, FL :: This pristine space sits on the second floor of the Plaza Bella Shopping Mall and measures 874 SF :: The breezeway boasts ease of access to the elevators and stairs, displays large open windows that offer tons of natural lighting and presents an open-air feel for catching cool Florida breezes :: The interior features high ceilings, a reception area, ceiling fans, a kitchen/ storage area and an open floorplan with limitless potential for any type of owner/ user :: Busy traffic counts, direct frontage and robust demographics give fitness, health and wellness-based professionals and service-related specialists a phenomenal opportunity to do well at this location :: Also, this site would be ideal as a satellite branch, second office or for the professional looking to establish their main office :: The plaza is 100% occupied with a total of only 4 owners and per the seller, the landlord and condo association are excellent :: Association fee is $2,168.04 annually :: Although the furniture and equipment do not convey with the purchase, the owner is willing to allow any of the available items to be purchased separately :: Purchase this suite today and be part of the amazing development that is happening all over the Tampa Bay area in 2022 :: Future development of the area is allowing for road expansion at the intersection of Bell Shoals Road and Bloomingdale Avenue, as well as up and down this heavily traveled corridor :: Current traffic counts exceed 39,500 VTD pass this location :: This investment/ owner/ user opportunity will not last long on the market :: Call Today to schedule a showing!