Tire Kingdom

$4,296,551.00

Address6602 Gunn Highway Tampa, FL
TenantTire Kingdom
Lease Term14.5 Years
Cap Rate4.35%
NOI$186,900
Rent IncreaseEvery 5 years

Description

NNN Tire Kingdom Property located at 6602 Gunn Highway Tampa, FL.  Tire Kingdom Property is Corporately Guarnteed by TBC Corporation. This property is situated on a lot size of 1.19 Acres and has a building size of 6,922 Sq ft.

•Long term lease—14.5 Years remaining

•Corporately Guaranteed Lease—U.S. parent company guarantee from TBC Corporation plus a guarantee from Sumitomo ofAmerica, the parent of TBC Corporation.

•Absolute NNN Lease – Zero Landlord Responsibilities

•Strong Demographics with 89,172 population in a 3 mile radi-us, and a $95,032 Average Household Income in a 3 mile ra-dius

•Rent bumps Every 5 years based on the CPI

•Dense Residential area with over 226,005 population in a 5Mile Radius and located 1 mile from Citrus Park Mall and aWalmart Super Center

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