Shopping Strip
100% Occupied Strip Center | Tampa, FL MSA
30950 US Hwy 19 N, Palm Harbor, FL 34684
Listing Price: $3,773,724
Cap Rate
7.25%
Gross SF
14,025
Rentable SF
14,025
Price/Gross SF
$269.07
Lot Size
1.03 acres
Year Built
2002
Investment Overview
Marcus & Millichap is pleased to bring to market a 100% occupied strip center located in the Tampa, FL MSA.
100% Occupied Strip Center | Tampa, FL MSA
Investment Highlights
- 100% Occupied 3-Tenant Retail Center With All NNN Leases | Anchor Tenant Has Strong Historical Occupancy
- Annual Rental Increases for Each Tenant With Renewal Options | Safelite Lease is Corporately Guaranteed
- Safelite Space Features Two Drive-in Bays With Parking and Garage Doors in Rear of Building for Each Tenant
- Strong Visibility Along US-19 With Signage for Each Tenant | Leaders Furniture Features Multiple Outdoor Displays
- 80,000+ Vehicles Per Day Along US-19, a Major Route Through the St. Petersburg-Clearwater Metro Area
- Located in a Dense Retail Corridor Near Multiple National Tenants Such as Publix, Home Depot, Harbor Freight, Starbucks, Planet Fitness, Walgreens, IHOP, McDonald's, Petco, Chase Bank, CVS, Enterprise, BMW and More
- Among Metropolitan Areas with a Population of Two Million or More, Tampa Remained in the Top 10 Markets for Rent Growth Rate. As of Q12022, Southeast Hillsborough Submarket Rents Grew by 6.9% over the past 12 months
- Strong Demographics: Population Exceeds 200,700 Within 5-Miles, Average Household Income Exceeds $94,200 Within 1-Mile
Exclusively Listed By
Financing By
Listing Price: $3,773,724
Cap Rate
7.25%
Gross SF
14,025
Rentable SF
14,025
Price/Gross SF
$269.07
Lot Size
1.03 acres
Year Built
2002
Investment Highlights
- 100% Occupied 3-Tenant Retail Center With All NNN Leases | Anchor Tenant Has Strong Historical Occupancy
- Annual Rental Increases for Each Tenant With Renewal Options | Safelite Lease is Corporately Guaranteed
- Safelite Space Features Two Drive-in Bays With Parking and Garage Doors in Rear of Building for Each Tenant
- Strong Visibility Along US-19 With Signage for Each Tenant | Leaders Furniture Features Multiple Outdoor Displays
- 80,000+ Vehicles Per Day Along US-19, a Major Route Through the St. Petersburg-Clearwater Metro Area
- Located in a Dense Retail Corridor Near Multiple National Tenants Such as Publix, Home Depot, Harbor Freight, Starbucks, Planet Fitness, Walgreens, IHOP, McDonald's, Petco, Chase Bank, CVS, Enterprise, BMW and More
- Among Metropolitan Areas with a Population of Two Million or More, Tampa Remained in the Top 10 Markets for Rent Growth Rate. As of Q12022, Southeast Hillsborough Submarket Rents Grew by 6.9% over the past 12 months
- Strong Demographics: Population Exceeds 200,700 Within 5-Miles, Average Household Income Exceeds $94,200 Within 1-Mile
Investment Overview
Marcus & Millichap is pleased to bring to market a 100% occupied strip center located in the Tampa, FL MSA.
Exclusively Listed By
Financing By
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