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3201 E Hillsborough Ave Tampa, FL 33614

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For Sale
$1,194,240

Net-leased Church’s Chicken with drive-thru in Tampa, Florida.

Property size:
1,224 SF
Lot size:
0.25 Acres

Property Features for 3201 E Hillsborough Ave

General Information

Size
1,224 SF
Lot size
0.25 Acres

Source: Marcus & Millichap | Miami Agent Gabriel Britti

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Tampa Church’s Chicken NNN Investment

This net-leased Church’s Chicken is located at 3201 E Hillsborough Avenue in Tampa, Florida, approximately five miles from downtown Tampa. The property features a 1,224-square-foot free-standing building with a drive-thru, recently renovated to the tenant’s newest prototype. Positioned at the corner of North 32nd Street and East Hillsborough Avenue, the property benefits from high visibility, with over 50,927 vehicles per day. East Hillsborough Avenue (State Road 580) is a major east-west arterial road, connecting key neighborhoods and serving as a commercial corridor. The location provides access to I-275, I-4, and U.S. Route 301. The surrounding area includes national and regional retailers such as Walmart, Publix, AutoZone, Walgreens, McDonald’s, Arby’s, Denny’s, Wawa, and Dunkin’. The area has a dense population, with more than 110,000 full-time residents within a three-mile radius. Church’s Chicken originally entered into a 20-year absolute net lease in 2005. In 2024, the tenant exercised its option to extend, securing the current lease term through December 27, 2034. The lease features 1.5% annual rent increases and one ten-year renewal option.
Insight Report Location Intelligence

Current Use by Public Records

Marley Nonami Incorporated Marketing Agency United States Postal ... Post Office ALL N 1 ... Driving School QuickTrim Diet Labs, ... Vitamin & Supplements Store LiveMobile Marketing Internet Marketing Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4242016
Latitude
27.9957867

FAQs

What type of property is this?
Drive through restaurant - Net-leased Church’s Chicken with drive-thru in Tampa, Florida.
Where is this drive through restaurant located?
The property is located at 3201 E Hillsborough Ave Tampa, FL.
What is the asking price?
The asking price for this property is $1,194,240.
What are key features of this property?
This property features: - 10-Year Absolute NNN Lease with Zero Landlord Responsibility, extending to December 27, 2034.; - Attractive 1.5% Annual Rent Increases providing long-term stability and income growth potential.; - Recent Lease Extension Demonstrates Tenant's Commitment to the Location.
More about this property
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