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10705 Hannaway Dr Riverview, FL 33578

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For Sale
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High-Yield O'Reilly's Auto Parts NNN Lease

Property size:
6,049 SF

Property Features for 10705 Hannaway Dr

General Information

Property type
Individual retail properties
Square Feet
6,049 SF
Lot Size
22,216 SF

Building Details

Year Built
2015
Stories
1
Units
1

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Listing Contact
Patrick Hill

Listing Agency: Engel & Volkers Americas Listing Agent: Patrick Hill

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a free-standing, single-tenant retail building perfectly situated in Riverview, Florida. The property, totaling 6,049 square feet, is 100% occupied by O'Reilly Auto Parts under a triple-net (NNN) lease with a substantial remaining term of 11.1 years, expiring December 31, 2035. The building, constructed in 2015, sits on a 0.51-acre lot and boasts a desirable location at 10705 Hannaway Dr, Riverview, FL 33578, within the RDD-DT2 zoning district. The current asking price is $2,500,000, representing a compelling price per square foot of $413.29 and a strong 5.15% capitalization rate based on a current Net Operating Income (NOI) of $128,656. This stabilized investment offers significant long-term income potential with a projected increase in NOI. The property is ideal for investors seeking a secure, passive income stream from a nationally recognized tenant in a thriving retail market. The single-story building provides convenient access and ample parking. This is a 1031 exchange eligible property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Riverview
County
Hillsborough
State
Florida
Longitude
-82.326396854677
Latitude
27.875185929849

FAQs

What type of property is this?
Individual retail property - High-Yield O'Reilly's Auto Parts NNN Lease
Where is this individual retail property located?
The property is located at 10705 Hannaway Dr Riverview, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6,049 SF free-standing retail building in Riverview, FL.; 100% occupied by O'Reilly Auto Parts under a NNN lease with 11.1 years remaining (expiring 12/31/2035).; $2,500,000 asking price; $413.29/SF; 5.15% cap rate based on $128,656 NOI.
(843) 714-3345 Call to check price and availability
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