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An exceptional opportunity to acquire the fee simple interest in 2202 E Bearss Ave, a high-visibility Texaco gas station and convenience store located on a signalized hard corner in North Tampa, just minutes from the University of South Florida and Interstate 275. Situated on approximately 0. 77 acres within a busy grocery-anchored corridor near Walmart Supercenter, Target, and ALDI, the property benefits from exposure to over 44, 600 vehicles daily along Bearss Avenue, a major commuter artery connecting residential North Tampa to the I-275 employment corridor. This is an Owner-User opportunity (not a NNN lease) offering strong in-place cash flow with significant upside potential. The business features a recently renovated store, including a new walk-in beer cave, upgraded equipment, modern finishes, and a fully built-out commercial kitchen with a 13-foot hood system, allowing for expansion of food service operations. Additional revenue growth can be achieved by adding Lottery and EBT services, which are not currently in place. The sale also includes an active U-Haul dealership, providing a diversified income stream beyond fuel and retail sales. With five years remaining on the fuel supply (Rack +1¢ with a $0. 03 rebate) and a buyout option available, this turnkey asset offers operational flexibility and immediate value-add potential. Offered at $2, 800, 000, this property presents a compelling opportunity to acquire a renovated, high-volume essential retail business in one of Tampa’s most active commercial corridors.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,240,000 | $2,240,000 | $2,240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,651 | $1,651 | $1,651 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,072 | $13,430 | $18,902 |
| Total Monthly Payment | $14,848 | $15,206 | $20,678 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.