Profitable Hali Plaza For Sale

Shopping Center for Sale
Catylist Listing ID: 30749986
Property Subtypes: Mixed Use, Strip Center, Other
Building Size (RSF): 10,396 SF
Gross Building Area: 14,332 SF
Gross Land Area: 0.72 Acres
Sale Price: $2,150,000
Unit Price: $206.81 PSF
Property Use Type: Investment
Building Name: Hali Plaza
Usable Size (USF): 10,396 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 5.0%
Average Occupancy Rate: 100
Last Updated: 8/26/2021

Overview / Comments

Surrounded by the Tampa Bay is an income-producing, (10)-unit Shopping Plaza situated in Apollo Beach! This location is fully leased with a total of (4) tenants who utilize the full two-story 10,400 SF building. Residents in the area have access to US 41 (less than 3 miles away) and I-75 (5 miles away) which allows them to travel to municipalities such as Tampa, Brandon, and Bradenton–all less than 30 miles away! Within a 5-mile radius, the population count is up to approximately 63,000 and consists of a median household income of $76,600. Highlights consist of a metal roof, new AC unit, and a NOI of $107,169. This investment opportunity is not going to last for long!

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: 193117ZZZ000001749400U
Zoning: CN
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: US 41
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2005
Construction/Siding: Concrete
Parking Type: Surface
Parking Description: Spaces
Total Parking Spaces: 39
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Zoning Description: Commercial Neighborhood
Legal Description: 16 AND 17-31-19 COMM NE COR OF SEC 16 RUN N 88 DEG 56 MIN 28 SEC W 5900 FT S 34 DEG 59 MIN 22 SEC W S 45 DEG 37 MIN 51 SEC W 1494.67 FT S 44 DEG 22 MIN 09 SEC E 985 FT FOR POB S 44 DEG 22 MIN 09 SEC E 225 FT S 45 DEG 37 MIN 51 SEC W 140 FT N 44 DEG 22 MIN 09 SEC W 225 FT N 45 DEG 37 MIN 51 SEC E 140 FT TO POB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,960 17,679 55,670
Median Age: 51.6 42.44 40.69
Households: 1,295 6,959 21,358

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