NNN VALUE ADD DARK CVS (PAYING RENT 5 YEARS LEFT)

7920 GUNN HWY, TAMPA, FL 33626 | INVESTMENT/REDEVELOPMENT PROPERTY

9.50% CAP RATE!

TAMPA

INVESTMENT CONSIDERATIONS

• Lease commencement 11/19/02• Lease expiration 11/30/22• NOI $351,000 annual• Sale Price $3,694,737• CAP RATE 9.50%

BUILDING FEATURES

BUILDING SIZE 13,995 SF

LAND SIZE 1.95 AC

ZONING CPV - G - 8

YEAR BUILT 2002

PARKING 4.98/1,000

SICKLESHIGH SCHOOL

SERGEANT PAUL R. SMITH MIDDLE SCHOOL

SHELD

ON RD

582

30,5

25 V

PD

30,830 VPD

ENROLLMENT: 2,100

ENROLLMENT: 854

NEW CHARTER SCHOOL 2018

ENROLLMENT: 80050,000 SF

PROPERTY FEATURES

• On-site retention• Multiple access points• Signalized corner• Strong traffic• New development adjacent• Strong demographics

PJ BEHRVice President407.540.7746pj.behr@foundrycommercial.comLicensed Real Estate Broker

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

420 S. Orange Ave., Suite 950Orlando, FL 32801

foundrycommercial.com

DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY

DEMOGRAPHIC SNAPSHOT

1 MILE 3 MILE 5 MILE

POPULATION 5,560 55,800 118,963

AVG HHI $100,413 $93,744 $86,051

AVG AGE 40.6 38.8 40.7

ABOUT THE SITE

The subject 1.95 acre site sits at the signalized SEC of Gunn Hwy and Sheldon Rd with good supporting traffic counts and strong area demo-graphics. Across the street to the north is a Publix anchored retail center with Walgreens on the corner and across the street to the west is Sickles High School with enrollment exceeding 2,100 students. The intersection is not the traditional 4-way, but rather a 3-way “T” intersection. Immedi-ately south of the property, along Sheldon Rd, a new 50,000 sf charter school is being built that will ultimately enroll 800 students. The school is slated to open in Fall of 2017.

420 S. Orange Ave., Suite 950Orlando, FL 32801

foundrycommercial.comAlthough the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

PJ BEHRVice President407.540.7746pj.behr@foundrycommercial.comLicensed Real Estate Broker

For more information, please contact:

DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY

MARKET OVERVIEW

FAWN LAKE Median Home Value $256,029

SICKLESHIGH SCHOOL

SERGEANT PAUL R. SMITH MIDDLE SCHOOL

SHELDON RD

582

30,525 VPD

30,830 VPD

NEW SCHOOL

FAWN RIDGE Median Home Value $267,812

ARBOR LAKESMedian Home Value $343,841

1M SF WESTFIELDMALL CITRUS PARK

420 S. Orange Ave., Suite 950Orlando, FL 32801

foundrycommercial.comAlthough the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

PJ BEHRVice President407.540.7746pj.behr@foundrycommercial.comLicensed Real Estate Broker

For more information, please contact:

DARK CVS FOR SALE | 7920 GUNN HWY, TAMPA, FL 33626 | NNN INVESTMENT PROPERTY