Listed by Karen Wingard of COLDWELL BANKER REALTY (813-962-0631)
$2,000,000 ASKING PRICE | 6% TARGET CAP RATE | PROPOSED 10-YEAR NNN LEASE 9,289 SF | 0.71 ACRES | NORTH TAMPA Investment opportunity featuring an established True Value franchise hardware store currently owner-operated at the property. The owner is open to selling the real estate and entering into a proposed 10-year NNN lease, providing a potential sale-leaseback structure for the purchaser. Investment Highlights: Asking Price: $2,000,000 Proposed Annual Base Rent: $120,000 Proposed Monthly Base Rent: $10,000 Target Initial Cap Rate: 6.0% Proposed Lease Term: 10 Years Lease Structure: NNN Building Area: 9,289 SF Land Area: 0.71 Acres Two Buildings Established True Value franchise/current owner-operator Potential long-term occupancy and rental income North Tampa location near the University Mall/Uptown area Under the proposed NNN structure, the tenant would be responsible for applicable property expenses, including taxes, insurance, and maintenance, subject to the final lease agreement. Proposed rent, lease term, escalations, options, expense responsibilities, and other terms are subject to negotiation and mutually acceptable documentation. The property may also appeal to owner-users or strategic buyers seeking commercial real estate with an established business and existing operational use. Conveniently located near established residential and commercial areas with access to major transportation corridors. All information is subject to verification. Proposed lease and transaction terms are not finalized and are subject to negotiation, due diligence, and execution of definitive agreements.

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 27, 2026 6:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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