4301 Hillsborough Ave Tampa, FL 33614

This exceptional investment opportunity presents a fee-simple ownership of a 7-Eleven convenience store and gas station located at 4301 W Hillsborough Ave, Tampa, FL 33614. The property boasts a 4,040 square foot building on a 15-year absolute NNN lease (with 6.3 years remaining and four 5-year renewal options) that commenced March 28, 2016, and expires March 27, 2031. The lease includes built-in rent bumps, providing a hedge against inflation. The tenant, 7-Eleven, a credit-rated company, is a premier name in the convenience-retailing industry. The property benefits from a high-traffic location directly off Hillsborough Avenue (68,500 vehicles per day), situated in a dense retail corridor with numerous national brands including McDonald's, Walgreens, and others. Its proximity to Tampa International Airport (over 1,065,580 yearly flights) and two large business parks further enhances its desirability. The property's strong performance is reflected in its 5.20% cap rate and $181,500 net operating income (NOI). The building underwent renovations in 2017. This location ranks in the top 72% of all gas stations and convenience stores nationwide. The asking price is $3,490,000. The property's APN is 102938-0056.