Introducing Gunn Highway Plaza, an exceptional investment opportunity nestled within the flourishing Tampa Bay market. This exclusive listing, represented by Brokers International Real Estate, presents a prime commercial property boasting a stabilized net operating income (NOI) of $196,874.04.
Distinguished by its prestigious location and a multitude of thriving tenants, Gunn Highway Plaza stands as a testament to the success and potential of the Tampa Bay market. With tenants having invested over a million dollars into their meticulously designed and constructed buildouts, this property exemplifies the dedication and commitment to excellence within its strong tenant base.
The strategic positioning of Gunn Highway Plaza ensures maximum exposure to high volumes of traffic, making it an attractive destination for both local residents and tourists alike. The robust footfall and consistent traffic count contribute to the property's sustained growth and financial stability.
Furthermore, the meticulously structured leases within Gunn Highway Plaza offer investors the opportunity to capitalize on an annual increase ranging from 3% to 7.50% for the retail units. This progressive rental growth provides an additional layer of financial security and growth potential for astute investors.
One of the standout features of Gunn Highway Plaza is its absolute triple-net (NNN) investment structure, relieving owners of any landlord responsibilities. This desirable arrangement enables investors to enjoy a truly passive income stream, making it an ideal choice for those seeking a hassle-free investment in the commercial real estate market.
With its exceptional location, strong tenant base, impressive financials, and lucrative lease structure, Gunn Highway Plaza represents an outstanding investment opportunity in the heart of the booming Tampa Bay market.
