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Property profile & analytics
OFF-MARKET Estimated value $1,665,000
Drive through restaurants

4248 Dl Mabry Hwy Tampa, FL 33611-1420

2,062 SF 0.48 ac lot Built 2011
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-6191726
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Jimmy John's restaurant with a drive-thru, situated in a high-traffic area of South Tampa, Florida. The property, built in 2011, boasts 2,062 square feet on a 0.48-acre lot and benefits from an absolute NNN lease structure, eliminating landlord responsibilities. The current tenant, operating a total of 78 Jimmy John's locations, pays $104,000 in annual rent under a 10-year lease commencing June 7, 2024. This lease includes a significant 10% rent escalation after year five and two five-year renewal options with 2.5% annual rent increases, ensuring consistent income growth. Located at 4248 S Dale Mabry Hwy, Tampa, FL 33611, the property is zoned PD (Planned Development) and enjoys a prominent location near a 400+ unit multifamily complex and a Lowe's, with a traffic count of 33,000 vehicles per day at a lighted intersection. The asking price is $1,795,000, representing a 5.80% cap rate. This is a rare opportunity to acquire a secure, high-performing investment in a thriving market. The property's location, strong tenant, and favorable lease terms make it an ideal addition to any investment portfolio. The Hillsborough County location within the Tampa-St. Petersburg MSA provides access to a large and growing population base. The single-story building is part of a planned development. The APN is A-04-30-18-9QS-000000-00002.0.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2011
Construction WOOD
Total area 2,062 SF
Lot 0.48 ac (21,091 SF)
Zoning code PD
APN A0430189QS000000000020
UPID US18-6191726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jimmy John's Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.67M
Owner & transaction history
Mitchell Property Group LLC · 5 yrs held
Mitchell Property Group LLC
since 2020
Last sale
$1.7M
2 recorded transactions
2020
$1.4M
2012
$773,333
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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