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This Retail Property is no longer advertised on LoopNet.co.uk.

5140 E Fowler Ave
Tampa, FL 33617

Pilot Bank · Retail Property For Sale

Investment Highlights

  • Current Cap Rate: 4.50% | Blended Cap Rate: 5.32%
  • This location has been operating successfully for over three decades having been established here since 1994.
  • Well located directly across the street from a Publix anchored shopping center and less than 1 mile from the University of South Florida.
  • Corporate Lake Michigan Credit Union Guarantee after their acquisition of Pilot Bank.
  • The tenant recently structured a brand new lease extension showing their commitment to this site long-term.
  • This location posted branch deposits over $230MM in 2020, which was a 13% increase from their deposits in 2019.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
6,416 SF
Building Class
B
Year Built
1973
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
1.37 AC
Zoning
c-1
Parking
20 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
230 ft on 52nd St

Amenities

  • Banking
  • Pylon Sign
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-10-28-19-ZZZ-000005-56770.0
Land Assessment
£355,667
Improvements Assessment
£951,340
Total Assessment
£1,307,007
  • Listing ID: 24323144

  • Date on Market: 19/10/2021

  • Last Updated:

  • Address: 5140 E Fowler Ave, Tampa, FL 33617

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