1797 W Hillsborough Ave Tampa, FL 33603
New Starbucks on Hillsborough Ave with long-term lease.
Property size:
2,503 SFLot size:
0.84 AcresProperty Features for 1797 W Hillsborough Ave
General Information
- Standard status
- Active
- Zoning
- CI - Commercial Intensive - City of Tampa
- Size
- 2,503 SF
- Lot size
- 0.84 Acres
Building Details
- Year built
- 2024
Source:
Crexi
Listing Agency: Ripco Real Estate Listing Agent: Ari Ravi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tampa Starbucks Investment Opportunity
The property at 1797 W Hillsborough Avenue in Tampa, FL, is a 2,503 SF Starbucks. It is located on the northeast corner of W Hillsborough Ave and N Albany Ave. The property has a new NN+ lease for 10 years, with six 5-year options to extend, with Starbucks Corporation. The lease includes 10% rental increases every 5 years throughout the original term and at the beginning of each option period. The location on W Hillsborough Ave has an AADT of 56,500. Within 1 mile of the property, the population is 14,511 with an average household income of $87,852. This property may be suitable for investors seeking minimal landlord responsibilities, a newly-constructed retail building, a long-term lease with a national tenant, rental increases, and location in a state without state income tax. The intended use of the property is for commercial real estate purposes, including coffee shops, restaurants, and specialty properties.
Location Intelligence
Current Use by Public Records
Nationwide Interlock
Building Supply
Performance Autoworks Inc.
Car Dealership
Starbucks
Cafe & Coffee Shop
Nationwide Ignition Interlock
Building Supply
Similar Places Nearby
Starbucks, Thorntons, Urban Bungalow Coffee and Gift Shop, Hammoudi snack, Cafecito Xpress
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.479967
- Latitude
- 27.9962819
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - New Starbucks on Hillsborough Ave with long-term lease.
Where is this coffee shop located?
The property is located at 1797 W Hillsborough Ave Tampa, FL.
What are key features of this property?
This property features: - Brand-new, 10-year NN+ lease with Starbucks Corporation (S&P: BBB+); - Newly constructed (2024) 2,503 SF retail building; - 10% rental increases every 5 years throughout the original term and option periods
