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

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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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