United Site Services
1881 Massaro Boulevard - Tampa Florida 33619
LTV (Loan to Value) | 65.00% | Current NOI | $53,469.00 |
Interest Rate | 4.250% | Capital Rate | 7.000% |
Fixed Term | 10 Years | Land Area | 2.50 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $496,497.95 | Property Type | Industrial |
Payment | $2,689.72 | Property Lease | Retail |
Bulding Size | 3,200 SF | Remaining Terms | +/- 8.9 Years |
Location Description
NNN Lenders is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase an industrial property located in Florida (the “Property”). The Property is leased to United Site Services. The property is a 3,200 square foot building situated on 2.50 acres. It is operating under a ten (10) year lease. The lease is a NNN with no landlord responsibility.
Highlights
Long-Term Lease – The lease features +/- 8.9 years remaining on a 10 year base term NNN Lease Structure –…
Property Description
Tampa is the largest city in Hillsborough County, is the county seat and is the third most populous city in Florida. It is located on the west coast of Florida, approximately 200 miles northwest of Miami, 180 southwest of Jacksonville, and 20 miles northeast of St. Petersburg. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area; the four-county area is composed of roughly 2.9 million residents, making it the second largest MSA in the state and the fourth largest in the Southeast. The Tampa Bay Partnership and U.S. Census data report an average annual growth of 2.47 percent, or a gain of approximately 97,000 residents per year.