This outstanding portfolio presents an exceptional opportunity for investors looking to diversify their real estate holdings. Let's dive into the captivating details of this lucrative investment:
Property Overview:
Total Units: This portfolio comprises a total of 37 units, offering a wide range of investment options and potential income streams.
Tenant Mix: The tenant base of this portfolio includes a combination of credit-rated tenants, corporate guarantees, franchisees as well as non-credit-rated tenants. This diverse mix ensures stability and potential for growth.
Space and Configuration:
Total Space: Spanning over an expansive 66,000 square feet, this portfolio offers ample space for various commercial purposes, including retail, industrial, and multifamily usage.
Multifamily Units: Among the total units, a portion is dedicated to multifamily residences, providing opportunities for recurring rental income in an increasingly sought-after market segment.
Lease Structures:
Modified Gross Leases: Some tenants operate under modified gross lease structures, where certain expenses are shared between the landlord and tenants. This arrangement ensures a balanced and mutually beneficial relationship.
NNN Leases: Other tenants operate under triple net lease (NNN) structures, placing the responsibility of property expenses, including property taxes, insurance, and maintenance, onto the tenants. This type of lease provides a hands-off investment approach, with minimal landlord obligations.
Investment Highlights:
Potential Income: The diverse tenant mix and modified gross/NNN lease structures create a steady stream of income with a potential for growth. This investment offers a stable cash flow and the opportunity to capitalize on the thriving Tampa Bay market.
Location: Situated in the vibrant Tampa Bay area, this property benefits from a robust local economy, a growing population, and a strong demand for retail, industrial, and multifamily spaces.
Upside Potential: With a well-curated tenant mix and the ability to adjust lease terms, there is potential to optimize occupancy rates, increase rental rates, and further enhance the portfolio's profitability.
Listing Details:
Price: This exceptional investment portfolio is listed at $11,200,000 million, reflecting its significant income potential, strategic location, and diversification benefits.
Market Advantage: With an attractive price point and a balanced combination of credit-rated franchisees and non-credit-rated tenants, this portfolio offers a competitive advantage in the local market.
Don't miss out on the opportunity to own this Tampa Bay Investment Portfolio! With its substantial size, diversified tenant mix, and potential for growth, it presents an exceptional chance to expand your real estate investment portfolio in a thriving market.
