1701 9th Ave Tampa, FL 33605-3801

This exceptional investment opportunity presents a fee-simple interest in a 7,840-square-foot retail property located at 1701 E 9th Ave, Tampa, FL 33605, within the vibrant Historic Ybor City District. The property is currently leased to DaVita Dialysis, a Fortune 500 company and the largest provider of kidney care services in the US, under an absolute NNN lease. The lease commenced April 8, 2009, and features a 15-year initial term with four five-year extension options, demonstrating DaVita's long-term commitment to this location. The lease is corporately guaranteed by DaVita Healthcare Partners, Inc., providing significant security for investors. The property boasts a strong 5.50% cap rate and a net operating income (NOI) of $199,672. Built in 1950, the property recently underwent over $100,000 in tenant improvements as part of the lease extension. Its strategic location offers convenient access to major roadways including Interstate 275, Interstate 4, and the Selmon Expressway. This is a rare opportunity to acquire a single-tenant, net-leased property with a highly creditworthy tenant in a desirable Tampa location. The asking price is $3,630,409.