Fresh Stop Convenience Gas
For Sale
Contact for pricing
11829 North Armenia Avenue, Tampa, FL 33612
For sale featuring a 20-year absolute NNN lease with rent escalations and a Madison Capital Group LLC guaranty.
Property Size2,217 SF
Lot Size0.72 Acres
Price / SF$1,934
Days on Market74
Property Features for 11829 North Armenia Avenue
General Information
Standard status
Active
Size
2,217 SF
Lot size
0.72 Acres
Property subtype
Retail
Zoning
CN
Building Details
Year Built
1981
Listing Agency:
CBRE - Atlanta
(407) 839-3123
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: May 27
Changed: Aug 8
Last Checked: Jun 6 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
CBRE is pleased to offer the Fresh Stop convenience gas station, a 2,217-square-foot property on 0.72 acres at 11829 North Armenia Avenue in Tampa, Florida. The offering is presented as a leased investment with an individual 20-year absolute NNN lease in place at closing.
The lease includes a guaranty from Madison Capital Group LLC and provides for 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options. The NNN structure allocates ongoing operating responsibilities to the tenant under the lease terms.
This asset is suited to buyers seeking a single-tenant, long-term NNN investment anchored by an absolute lease structure and an identified guarantor. With the extended primary term and scheduled annual increases, the property may appeal to investors looking for lease stability and predictable rent growth as specified in the offering terms.
The lease includes a guaranty from Madison Capital Group LLC and provides for 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options. The NNN structure allocates ongoing operating responsibilities to the tenant under the lease terms.
This asset is suited to buyers seeking a single-tenant, long-term NNN investment anchored by an absolute lease structure and an identified guarantor. With the extended primary term and scheduled annual increases, the property may appeal to investors looking for lease stability and predictable rent growth as specified in the offering terms.
Key Highlights
- 2,217 SF Fresh Stop on 0.72 acres in Tampa, FL
- 20‑year absolute NNN lease to be executed at closing
- Madison Capital Group LLC to provide a guaranty
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 33612, FL
49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - For sale featuring a 20-year absolute NNN lease with rent escalations and a Madison Capital Group LLC guaranty.
Where is this nnn property located?
The property is located at 11829 North Armenia Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $4,288,700.
What are key features of this property?
This property features: 2,217 SF Fresh Stop on 0.72 acres in Tampa, FL; 20‑year absolute NNN lease to be executed at closing; Madison Capital Group LLC to provide a guaranty
