9,332 SF | 100% Leased | Retail Building | Tampa, FL

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30740907
Property Subtypes: Mixed Use, Street Retail, Other
Status: Pending
Building Size (RSF): 9,332 SF
Gross Building Area: See Agent
Gross Land Area: 1.71 Acres
Sale Price: $2,437,463
Unit Price: $261.19 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/27/2021

Overview / Comments

5715-5725 Gunn Hwy is 100% occupied with 5 units (including Chase Bank ATM) within Northwest Plaza “shadow anchored” by Esporta Fitness and Walgreens.
Recently signed leases for Simply Asian Salad & Dental Practice.
WALGREENS & ESPORTA FITNESS ARE NOT INCLUDED IN THIS SALE
This plaza is well positioned between the densely populated Citrus Park and Carrollwood communities along Gunn Highway, just East of the Veterans Expressway. Located 2.4 miles east of the Westfield Citrus Park Shopping mall and less than 9 miles northwest of Downtown Tampa. Easily accessible to the surrounding communities of Westchase, Town & Country, Odessa, Lutz, etc. Multiple large nearby retailers, restaurants, hotels, hospitals, and medical facilities. Traffic counts are estimated at 34,000 vehicles per day on Gunn Highway and 56,000 vehicles per day on Veterans Expressway.
The Citrus Park area is one of Tampa Bay’s most desirable areas with outstanding demographics, excellent schools, and plentiful shopping. Located in the Tampa-St. Petersburg Metro Area with a population of 2.9 million residents, this area boasts low cost of living and a diverse economy. There are several hundred high end homes under construction/sold within a 10-minute drive of this Plaza. Citrus Park has a population of more than 27,000 and an average income exceeding $90,000. Situated in Hillsborough County and one of the best places to live in Florida, home to many families and young professionals.

- Premium location with frontage & high visibility from Gunn Highway
- Four 100% occupied retail units & Chase Bank ATM anchored to the highly sought after gym chain, Esporta Fitness, and Walgreens
- Located just off Veterans Expressway (56,000 VPD), the most heavily traveled north-south toll road through Hillsborough County
- Located just off Veterans Expressway (56,000 VPD), the most heavily traveled north-south toll road through Hillsborough County

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 182807ZZZ000000812700U
Traffic/Vehicle Count: 34,000
Year Built: 1994
Total Parking Spaces: 217
Parking Ratio: 4.6 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,355 115,164 273,256
Median Age: 35.19 38.84 38.81
Households: 6,563 46,285 107,813

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