For Sale $1,200,000
Property Type Retail
Property Size 3,576 SF
Lot Size 0.63 Acre
Year Built 1959
Date Updated Apr 18, 2024

Located directly on Forest Lake Blvd S between Tampa Road and State Rd. 580Discover an exceptional investment opportunity with this leased auto repair shop, boasting a lucrative monthly income of $8925 under a 5-year lease with a 5% annual escalation clause. With a desirable 7.5% cap rate, this property presents a secure and attractive return on investment. Nestled within a thriving C2 zone, this property spans 3,576 sq.ft. on a generous .63 acre lot. Inside, you'll find a well-appointed lobby, 2 restrooms, a kitchen area, 1 senior office, 1 junior office, and a fully equipped garage featuring 3 interior lifts and 1 exterior lift. Benefit from the peace of mind provided by a Clean Phase 1 environmental study, ensuring a clean and compliant property. The sale includes all lifts, streamlining your investment process. Contact our dedicated agent to schedule a showing and explore this lucrative opportunity further. Please respect the current tenant's privacy and refrain from visiting the property without an appointment.

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Attachments

Sale Brochure 4/16/2024 (PDF) opens in new window

Highlights

Enjoy an impressive 7.5% cap rate, maximizing your return on investment
Secure a steady stream of income with a long-term lease on this free-standing masonry office/warehouse vehicle repair shop.
Strategically positioned for success, this property is primed for automotive repair, tire sales, and a range of vehicle-related services.
Rest assured with a Clean Phase 1 environmental study, ensuring compliance and peace of mind.
Enhance productivity with 3 lifts and 2 grade-level roll-up doors, providing seamless access and operational efficiency.

Contacts

Swapna Shash

Grimaldi Commercial Realty Corp

(813) 882-0884

Location

Getting Around

Walk Score ®
62/100 Somewhat Walkable
Bike Score ®
66/100 Bikeable

Map
Street

City Oldsmar, FL
Neighborhood Oldsmar
Zip Code 34677
Market Tampa St Petersburg Clearwater

Points of Interest

Amber Limousine

9.07 miles
Airside E

9.55 miles
Airside F

9.67 miles
Main Terminal

9.70 miles
Main Terminal

9.71 miles
Airside C

9.79 miles
Airside A

9.96 miles

Thorntons

0.26 miles
Sunoco

0.37 miles
7-Eleven

0.51 miles
Speedway

0.63 miles
ChargePoint

1.08 miles
ChargePoint

1.27 miles
Rally

1.58 miles
Speedway

1.85 miles
Shell

1.88 miles
7-Eleven

2.23 miles

Memorial Trailhead

4.68 miles
Channel Park Trailhead

5.57 miles
Wilsky Blvd. Trailhead

6.89 miles
Public Parking Lot

6.91 miles
Public Parking

6.94 miles
Peterson Park

7.43 miles
Garden Avenue Parking Garage

8.89 miles
Franklin Saint Flag Parking

8.96 miles

Chick-fil-A

0.28 miles
Subway

0.35 miles
Chili's

0.36 miles
Dairy Queen

0.39 miles
Jersey Mike's Subs

0.41 miles
Steak 'n Shake

0.45 miles
Panera Bread

1.23 miles
Jimmy John's

1.25 miles
Flamestone Grill

1.25 miles
Moe's Southwest Grill

1.31 miles

Ross

0.43 miles
ALDI

0.44 miles
Walmart Supercenter

0.44 miles
Marshalls

1.38 miles
Bealls

1.51 miles
Publix

2.01 miles
Walmart Neighborhood Market

2.18 miles
Publix

2.41 miles
Target

2.42 miles
Sweetbay

2.49 miles

Frequently Asked Questions

What is the lease rate for Investment: Auto Mechanic Body Shop -C2, 7.5% Cap Rate For Sale?

Rental asking rate at Investment: Auto Mechanic Body Shop -C2, 7.5% Cap Rate For Sale is $600,000.00/YR.

What is the total square footage of Investment: Auto Mechanic Body Shop -C2, 7.5% Cap Rate For Sale?

Investment: Auto Mechanic Body Shop -C2, 7.5% Cap Rate For Sale totals 3,576 square feet.

When was this property built?

Investment: Auto Mechanic Body Shop -C2, 7.5% Cap Rate For Sale was built in 1959.

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