4 Unit Retail
Shopping Center
for Sale
| Catylist Listing ID: |
30664882 |
| Property Subtypes: |
Strip Center
|
| Building Size (RSF): |
4,900 SF
|
| Gross Land Area: |
0.34 - 34 Acres
|
| Sale Price: |
$498,000 |
| Unit Price: |
$101.63 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
R unit Retail Plaza |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/18/2021 |
Overview / Comments
|
c3 Zoned 4 unit stand alone retail plaza with consistent income . 4,900 SF Retail Plaza on .34 acres located on corner lot on busy commercial Ridge Road, next to other retail plazas, medical and restaurants. 1 mile from US 19 and other major thoroughfare roads to toll road, state highways and interstate highways. Currently fully leased under market rate due to Covid 19. Upside with minimal rental adjustments. Pylon signage with good highway exposure. Easy access from two points of entry and exit. NOI currently $35,135
|
Additional Details
| Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
| County: |
Pasco |
| Taxing Authority: |
pasco |
| Tax ID/APN: |
28-25-16-0060-00A00-0080 |
| Zoning: |
C3 |
| Retail Clientele: |
General, Family |
| Property Located Between: |
US 19 |
| Largest Nearby Street: |
US 19 |
| Feet of Frontage: |
117 |
| Highway Access: |
Easy access from US 19 |
| Airports: |
Tampa International |
| Site Description: |
Corner lot with easy access from two directions |
| Area Description: |
Busy retail and business area |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1987 |
| Construction/Siding: |
Wood Frame |
| Parking Ratio: |
3.1 (per 1000 SF) |
| Parking Type: |
Structure |
| Parking Description: |
15 spaces |
| Total Parking Spaces: |
15 |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Zoning Description: |
C3 |
| Lot Frontage: |
117 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,500 |
65,577 |
139,638 |
| Median Age: |
40.87 |
45.23 |
46.59 |
| Households: |
5,461 |
29,208 |
61,941 |
|
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