Cali Coffee Ground Lease

Palm Harbor
FL
Florida
Tampa

Call for Details

$

1,461,000

Call for Details
5.75
%
CAP Rate
FILE PHOTO

Brand New 2025 Construction with a Drive-Thru

Convenient Access on U.S. Highway 19 N

(64,500 ADT)

Tampa MSA Population of Over 3.4 Million

Property details
  1. New 15-Year Absolute NNN Corporate Ground Lease to Cali Coffee
    • Scheduled 12.5% Rent Increases Every 5 Years and at Options Providing a Strong Hedge Against Inflation
    • No Landlord Responsibilities
  2. Personal Guaranty from Founder & CEO
  3. Rapidly Growing Drive-Thru Coffee Concept with Strong Brand Recognition
    • 16 Stores Open and 13 Under Development/Coming Soon
  4. Brand New 2025 Construction with a Drive-Thru Component
  5. Convenient Location along Highly Trafficked U.S. Highway 19 (64,500 ADT)
    • Synergistic Shared Access with Brand New Bubble Down Car Wash and Upshore Apartment Complex
    • Surrounding National Retailers include Walmart Supercenter, Publix, Crunch Fitness, and AMC Theatres
  6. Highly Desirable Community in Major Southeast Growth Hub
    • Population of 147,129 within 5 Miles
    • Average Household Income of $122,080 within 3 Miles
  7. Tampa Bay-St. Petersburg-Clearwater MSA Population Exceeds 3.4 Million
    • Second-Largest Metro in Florida and Among Largest in the U.S.
  8. Tampa Bay Area Economy Ranked 7th Nationally in Economic Diversity Index, Reflecting Market Stability
    • Port of Tampa Contributes $34.6 Billion Regional Economic Impact
    • Tampa International Airport (TPA) Serves Over 24 Million Annual Passengers
    • MacDill Air Force Base: Major Military Employer and Economic Contributor
    • Professional Sports and Cultural Assets Include NFL, MLB, and NHL Franchises and Numerous Arts and Entertainment Venues
  9. No State Income Tax in Florida

In Association with ParaSell, Inc. | A Licensed Florida Broker #CQ1059597

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
1,212
SF
Lot Size
0.57
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
FL RE Lic #BK3457599