6602 Gunn Hwy Tampa, FL 33625-4055
This exceptional Class A retail investment opportunity presents a 6,922 square foot Tire Kingdom located at 6602 Gunn Hwy, Tampa, FL 33625. The property sits on a 1.19-acre lot and is subject to a 25-year absolute NNN lease, with over 13.5 years remaining until August 7, 2037. The lease commenced December 17, 2012, and features rent bumps in 2028 based on the CPI, capped at 12%. The current asking price is $3,934,736.84, representing a 4.75% cap rate and a Net Operating Income (NOI) of $186,900. The property benefits from a strong location near Citrus Park Town Center and a Walmart Supercenter, within a densely populated area. This is a 1031 exchange eligible property offering minimal landlord responsibilities and significant long-term income potential. The tenant is Tire Kingdom, backed by a corporate guarantee from TBC Corporation and Sumitomo of America. The price per square foot is $568.44. This is an ideal investment for those seeking a stable, high-return, low-maintenance commercial property.
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Tire Kingdom (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Tampa, FLTampa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.