Latinos Fresh Market

Shopping Center for Sale
Catylist Listing ID: 29999628
Property Subtypes: Free-Standing Store, Grocery-Anchored, Net Leased
Building Size (RSF): 10,565 SF
Gross Building Area: See Agent
Gross Land Area: 31,799 SF
Sale Price: $2,800,000
Unit Price: $265.03 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Latinos Fresh Market
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 6/12/2018

Overview / Comments

Brand new class A free standing building in Valrico next to Home Depot shopping center. Property is zoned Commercial Neighborhood (CN). Total rentable square footage is 10,565 and total acreage is .78 acres. New tenant was just put in place for $13,500 plus sales tax and CAM. Initial lease term is 3 years with option for another 3 year renewal @ $13,800. Contact listing broker with an questions or showing requests. By appointment only.


Finance Data Year 2017
Net Operating Income $160,039 (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: U-24-29-20-ZZZ-000002-59670.0
Zoning: CN
Property Located Between: Located on Highway 60 in Valrico next to the Home Depot shopping center.
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2016
Zoning Description: CN
Legal Description: U-24-29-20-ZZZ-000002-59670.0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,939 95,215 195,427
Median Age: 39.68 38.78 37.22
Households: 5,181 34,711 72,805


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