VALUE ADDED RETAIL CENTER

Shopping Center for Sale
Catylist Listing ID: 30497234
Property Subtypes: Strip Center
Building Size (RSF): 35,349 SF
Gross Building Area: See Agent
Gross Land Area: 2.15 Acres
Sale Price: $2,999,000
Unit Price: $84.84 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

Excellent opportunity to purchase a 35,349 square foot retail center on busy Ulmerton Rd., a major 8 lane thoroughfare that connects to Tampa and with a daily traffic count of over 47,000 - This is a value added opportunity, priced at $ 85 per square, as the vacancy rate is a little over 50%; current ownership formerly occupied much of the center, and vacancies are beginning to be filled -
The center was built in 1990 with 288’ of frontage on Ulmerton at a corner location, on a total of 2.15 acres of land - STRICTLY CONFIDENTIAL AND SHOWN BY APPOINTMENT ONLY; TENANTS ARE UNAWARE OF A POTENTIAL SALE

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 30 08 70974 100 0603

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,440 96,098 280,681
Median Age: 40.15 45.1 45.21
Households: 3,917 42,004 126,572

Contact

Photograph of Listing Agent

Patrick Calhoon

Calhoon Commercial Group - Smith & Associates
CE-FL Member
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