Building Details

Tenancy Single

Listing Agency: Marcus & Millichap - San Francisco

Listed By: Bill Schofield · License #CA 01239109 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:11AM

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Investment Insights

Based on property information with market context.

This Krystal property recently received renovations consistent with the brand’s new prototype. The asset is subject to an absolute NNN lease with 7 years remaining and includes 1.25% annual rental increases.

The property is located at 2625 W Hillsborough Ave in Tampa, Florida. Its lease structure and recent renovation history provide the primary operating and physical details available for review.

Key Highlights

• Absolute NNN lease with 7 years remaining
• 1.25% annual rental increases
• Recently renovated to Krystal’s new prototype

Property Analytics

Property Profile

Current Use

Krystal Restaurant

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Plumbing Service Accounting Firm (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,089

Businesses Nearby

Explore this area Business Placement

Demographics for 33614, FL

47,695

Population

19,660

Households

2.4

Avg Household Size

39

Median Age

23%

College-Educated

78%

High-School Grad

9.7 sq mi

ZIP Area

4,917

Density / Sq Mi

$51,143

Median Household Income

$31,350

Median Earnings

$1,399

Median Rent

$295,700

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - Recently renovated to Krystal’s current prototype under an absolute NNN lease.

Where is this nnn property located?

The property is located at 2625 W Hillsborough Ave Tampa, FL.

What are key features of this property?

This property features: Absolute NNN lease with 7 years remaining; 1.25% annual rental increases; Recently renovated to Krystal’s new prototype