4920 Moccasin Wallow Rd
Palmetto, FL
Price:
$3338000
Cap Rate:
4.75%
NOI:
$158,545
Building Size:
Approx. 3109 Sq. Ft.
Lot Size:
Approx. 1.32 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2018
Investment Overview
- 2018 Construction. 3,109+/- SF Building on 1.32+/- Acre Site
- New 15-Year Corp NNN Lease beginning December 2018
- Located along Moccasin Wallow, just W of I-75 (61K VPD)
- Across Imagine Charter School at N Manatee (521 Students)
- Caddy-corner to Gateway North (1,065-Acres Mix-use Dev)
- Near Robinson Gateway (228-Acres Mix-Use Development)
- Palmetto is experiencing Resid, Comm, & Economic Boom
- 20% Population Increase within a 1-Mile Radius (2000-2018)
- Economy: Healthcare |Defense| Finance | Retail | Tourism
- 3-Miles: Est Pop 13,393 | 1-Miles Avg HH Income: $93,009
- Tampa – St. Petersburg – Clearwater (MSA) | Pop: 4 Million