Retail Center for Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30810269
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 6,082 SF
Gross Land Area: 0.30 Acres
Sale Price: $1,100,000
Unit Price: $180.86 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 100% Occupied Retail Center for Sale
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2022

Overview / Comments

Commercial Asset Partners Realty is pleased to present this 4-unit, 100% occupied retail center for sale. This 6,082 sq. ft. center is currently owned by Counsel Square, the adjacent office park, which will provide a cooperative relationship for the Buyer by furnishing parking, landscaping and maintenance of all common areas. The proportionate share of these operating expenses will be billed back to the property owner monthly. The roof was replaced in 2018 and the building has been continuously well-maintained. This investment will yield a consistent, strong history of occupancy and quality tenants.

Long-term tenants include a hair salon, management company, and a popular coffee shop

Located at the signalized intersection of Little Road and Citizens Drive, directly across from the West Pasco County Government Center with traffic counts in excess of 45,000 vehicles per day

Building has ample shared parking with excellent visibility and signage

Ownership has invested in many improvements including landscaping, fresh exterior paint, parking lot resurfacing, updated lighting & much more!

Unique retail center is surrounded by large daytime population to assure there is demand for space and history of consistent occupancy

*Please contact agent for additional information and to sign confidentiality agreement. Please do not make contact with any Tenants or visit the site without Listing Broker.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 35-25-16-0030-02800-0030
Zoning: C1
Property Visibility: Excellent
Largest Nearby Street: Little Road
Feet of Frontage: 100
Traffic/Vehicle Count: 45,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1995

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,736 73,553 149,880
Median Age: 44.23 45.07 45.75
Households: 2,844 31,847 65,749

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