4301 Hillsborough Ave, Tampa, FL 33610-5244
- Manufacturing properties
- 2,400 SF
- 0.68 lot acres
Current Use by Public Records
- Subway / Take-out & Catering
- Radiant Gas Station / Gas Station
- Marathon / Gas Station
- Radiant Food Store / Grocery & Convenience Store
- ATM / Atm
Property Details for 4301 Hillsborough Ave
- Year built
- 1945
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.68 lot acres
- Zone code
- CI
- Property type
- Manufacturing properties
- APN
- A04291949D000004000010
- APU
- A04291949D000004000010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 2, 2025 | $3,300,000 | 4301 West Hillsborough Ave LLC | Kei Gas Tampa LLC | Special Warranty Deed | — |
| Dec 23, 2024 | $3,350,000 | Kei Gas Tampa LLC | Radiant Oil Company Of Tampa INC | Special Warranty Deed | — |
| Apr 19, 2022 | $900,000 | Af East Hillsborough Investments Ll | Universal Investment Of Central Fl | Warranty Deed | — |
| Feb 7, 2006 | $490,000 | Universal Invs Of Ctrl Florida In | Alderman,william I | Grant Deed | $96k · Tom P Martino INC |
| — | — | Universal Invs Of Ctrl Florida In | — | Deed Of Trust · related | $96k · Anna Zellinger |
| — | — | Universal Invs Of Ctrl Florida In | — | Deed Of Trust · related | $93k · Anna Zellinger |
| — | — | Universal Invs Of Ctrl Florida In | — | Deed Of Trust · related | $93k · Lambert Ashley Trust (pt) |
| — | — | Universal Invs Of Ctrl Florida In | — | Deed Of Trust · related | $115k · Tom P Martino INC |
Description
This exceptional investment opportunity presents a fee-simple ownership of a 7-Eleven convenience store and gas station located at 4301 W Hillsborough Ave, Tampa, FL 33614. The property boasts a 4,040 square foot building on a 15-year absolute NNN lease (with 6.3 years remaining and four 5-year renewal options) that commenced March 28, 2016, and expires March 27, 2031. The lease includes built-in rent bumps, providing a hedge against inflation. The tenant, 7-Eleven, a credit-rated company, is a premier name in the convenience-retailing industry. The property benefits from a high-traffic location directly off Hillsborough Avenue (68,500 vehicles per day), situated in a dense retail corridor with numerous national brands including McDonald's, Walgreens, and others. Its proximity to Tampa International Airport (over 1,065,580 yearly flights) and two large business parks further enhances its desirability. The property's strong performance is reflected in its 5.20% cap rate and $181,500 net operating income (NOI). The building underwent renovations in 2017. This location ranks in the top 72% of all gas stations and convenience stores nationwide. The asking price is $3,490,000. The property's APN is 102938-0056.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $920,000
- ML approach
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $691,000
Market price range: $200k - $692k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $745,000
- MEDICAL BUILDING
- $650,000
- NEIGHBORHOOD: SHOPPING CENTER
- $625,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4097
- Latitude
- 27.9957
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA