Sparta Seafoods

• List price of $1,818,182 yielding a 6.00% cap rate off in place rent.
• Potential opportunity for tenant to vacate early for redevelopment. Contact broker for details.
• Highly Functional QSR Asset offering 2,692 SF with a drive-thru component and 40 parking spaces, ideal for long-term tenancy.
• Located in a Thriving Discount Retail Center, Surrounded by retailers like Panera Bread, Chipotle, Starbucks, AutoZone, Dunkin, Chick-fil-A, Chili’s, and more.
• Tampa–Clearwater MSA Location, Positioned within one of Florida’s strongest and fastest-growing retail corridors.
• 183,390+ Residents Within 5 Miles, Established trade area with continued population growth, supporting steady demand.
• The current lease in place offers approximately 2.2 years remaining of primary term and two, 5 year options extending to 2038. This term provides a developer with short-term rental income while determining future development plans.
• 3% Annual Rent Increases, consistent rent growth throughout the primary term and both 5-year option periods.
• NNN lease; tenant covers taxes, insurance, and maintenance.
• 2.4 Miles from Mease Countryside Hospital, 387-bed BayCare acute care hospital with nearly 30 specialty service lines, generating consistent daily staff, patient, and visitor traffic.
• 21,000+ Vehicles Per Day, Positioned on Curlew Rd (SR 586), a heavily traveled Florida state highway.
• Drive-Thru Equipped, a key driver of QSR sales performance