Shopping Strip
Palmetto Plaza | Dollar Tree, UPS, Pizza Hut
1170 8th Ave W, Palmetto, FL 34221
Listing Price: $2,716,250
Cap Rate
6.00%
Rentable SF
12,100
Lot Size
1.00 acres
Year Built
2005
Investment Overview
12,100 SF Retail Center Fully-Occupied by Dollar Tree, UPS, and Pizza Hut in Palmetto, FL
Investment Highlights
- Fully Occupied 12,100 SF Retail Center | Occupied by Three National Tenants: Dollar Tree, UPS and Pizza Hut
- All Tenants are on NNN Leases | Landlord Reimbursed for CAM, Insurance and Real Estate Taxes
- Tenants Have Extended Their Leases Multiple Times – Demonstrating a Strong Commitment to this Location
- Dollar Tree Recently Started Remodeling the Store - Demonstrating a Strong Commitment to this Location for the Long-Term
- Current Tenants Paying Roughly 50% Below Market
- Parking Lot was Repaved in 2022
- Two Blocks North From 10th Street East - 36,500 AADT | One Mile From South Tamiami Trail – 62,000 AADT
- Across from Publix Supermarkets | Nearby Wal-Mart Supercenter, Winn-Dixie, ALDI, CVS, and Many More
Listing Price: $2,716,250
Cap Rate
6.00%
Rentable SF
12,100
Lot Size
1.00 acres
Year Built
2005
Investment Highlights
- Fully Occupied 12,100 SF Retail Center | Occupied by Three National Tenants: Dollar Tree, UPS and Pizza Hut
- All Tenants are on NNN Leases | Landlord Reimbursed for CAM, Insurance and Real Estate Taxes
- Tenants Have Extended Their Leases Multiple Times – Demonstrating a Strong Commitment to this Location
- Dollar Tree Recently Started Remodeling the Store - Demonstrating a Strong Commitment to this Location for the Long-Term
- Current Tenants Paying Roughly 50% Below Market
- Parking Lot was Repaved in 2022
- Two Blocks North From 10th Street East - 36,500 AADT | One Mile From South Tamiami Trail – 62,000 AADT
- Across from Publix Supermarkets | Nearby Wal-Mart Supercenter, Winn-Dixie, ALDI, CVS, and Many More
Investment Overview
12,100 SF Retail Center Fully-Occupied by Dollar Tree, UPS, and Pizza Hut in Palmetto, FL