$5,035,000 USD
727-452-6864
24791 State Road 54
Lutz, FL 33559
Land O' Lakes
HIGHLIGHTS
- New 2024 construction lowers the likelihood of the need for landlord capital expenditures over the next several years
- All three executed leases have 10 years of term with two of the leases having two 5-year options and one having one 5-year option
- The property is located on State Road 54, a primary thoroughfare in Lutz, FL with an AADT of 72,000
- Located adjacent to other new construction, including a Woodie’s Wash Shack and a Take 5 Oil Change, providing additional traffic to the retail center
- 17,545 households within a 3-mile radius
- 46,938 population within a 3-mile radius
FOR SALE DETAILS
PRICE
$5,035,000 USD
PRICE/SF
$699 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shoppes at Cypress Creek
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,354 SF
ZONING
C-2
APN/PARCEL ID
28-26-19-0010-00000-0370
ASK ABOUT THIS PROPERTY
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727-452-6864
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Please correct the highlighted field(s).
727-452-6864
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