Shopping Strip
11,900+ SF Retail/Office Strip Center | Value-Add Upside | 85.53% Vacancy | Tampa MSA
709 N Park Rd, Plant City, FL 33563
Listing Price: $1,975,000
Cap Rate
0.10%
Gross SF
11,956
Rentable SF
11,956
Price/Gross SF
$165.19
Lot Size
0.77 acres
Year Built
1980
Investment Overview
Marcus & Millichap is pleased to bring to market a Retail and Office Strip Center located in Plant City, FL.
11,900+ SF Retail/Office Strip Center | Value-Add Upside | 85.53% Vacancy | Tampa MSA
Investment Highlights
- 11,900+ SF Multi Tenant Retail & Office Strip Center
- Low Occupancy With Substantial Leasing Upside | Multiple Units Available Ranging From 1,700 - 3,600 SF in Size
- Separate Entrances for Each Tenant | New Roof Installed in 2020
- Property Features Two Points of Ingress and Egress With Excellent Visibility Along Park Road/North Park Road, Which Sees 26,000 Vehicles Per Day | 0.2 Miles From FL-559/US-92, Seeing 12,500 VPD and 1 Mile From Interstate-4, Seeing 140,000 VPD
- Directly Adjacent to a Large Car Dealership and Hillsborough Community College Plant City Campus | 0.2 Miles From FL-559/US-92, Seeing 12,500 VPD and 1 Mile From Interstate-4, Seeing 140,000 VPD
- Strong Residential Growth and Local Development Underway in the Area: Multiple New Housing Developments and Mixed Use Retail, Office and Commercial Developments Planned Or Under Construction Within 10 Miles
- Situated Near a Growing Logistics Hub Along the I-4 Corridor: Within 5 Miles of Amazon, Tesla, Publix, Home Depot, Advance Auto Parts and Save-A Lot Distribution Centers
- Strong Demographics: Population of 66,800+ Within 5-Miles and Expected to Increase 6.2% By 2027 | Plant City is 30 Minutes From Downtown Tampa and 20 Minutes From Lakeland
Exclusively Listed By
Shopping Strip
11,900+ SF Retail/Office Strip Center | Value-Add Upside | 85.53% Vacancy | Tampa MSA
Listing Price: $1,975,000
Cap Rate
0.10%
Gross SF
11,956
Rentable SF
11,956
Price/Gross SF
$165.19
Lot Size
0.77 acres
Year Built
1980
Investment Highlights
- 11,900+ SF Multi Tenant Retail & Office Strip Center
- Low Occupancy With Substantial Leasing Upside | Multiple Units Available Ranging From 1,700 - 3,600 SF in Size
- Separate Entrances for Each Tenant | New Roof Installed in 2020
- Property Features Two Points of Ingress and Egress With Excellent Visibility Along Park Road/North Park Road, Which Sees 26,000 Vehicles Per Day | 0.2 Miles From FL-559/US-92, Seeing 12,500 VPD and 1 Mile From Interstate-4, Seeing 140,000 VPD
- Directly Adjacent to a Large Car Dealership and Hillsborough Community College Plant City Campus | 0.2 Miles From FL-559/US-92, Seeing 12,500 VPD and 1 Mile From Interstate-4, Seeing 140,000 VPD
- Strong Residential Growth and Local Development Underway in the Area: Multiple New Housing Developments and Mixed Use Retail, Office and Commercial Developments Planned Or Under Construction Within 10 Miles
- Situated Near a Growing Logistics Hub Along the I-4 Corridor: Within 5 Miles of Amazon, Tesla, Publix, Home Depot, Advance Auto Parts and Save-A Lot Distribution Centers
- Strong Demographics: Population of 66,800+ Within 5-Miles and Expected to Increase 6.2% By 2027 | Plant City is 30 Minutes From Downtown Tampa and 20 Minutes From Lakeland
Investment Overview
Marcus & Millichap is pleased to bring to market a Retail and Office Strip Center located in Plant City, FL.
Exclusively Listed By
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