Former Amscot (For Sale or Lease) — Sale in Zephyrhills, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Zephyrhills, FL 33541
Photos
Description
The subject property is a 3,200-square-foot single-tenant retail building (a former Amscot) available for sale or lease, located at 36640 CR 54 in Zephyrhills, Florida. Situated on a 0.63-acre lot, the property operates as an outparcel to the Save a Lot-anchored Zephyrhills Plaza and benefits from high visibility along the busy SR-54 corridor, which experiences daily traffic counts of over 17,300 vehicles. As a vacant asset, it is offered for sale at a list price of $1,371,000, or for lease at an asking rate of $30.00/SF NNN ($96,000 annually) under a 5-year initial term featuring two 5-year renewal options with 10% rental increases. The asset is positioned within a dense, growing retail and residential market supported by strong demographics, including a 5-mile population exceeding 85,300 residents that is projected to grow by more than 10% by 2030. Investment Highlights: • SINGLE TENANT RETAIL PROPERTY FOR LEASE OR SALE: 3,200-SF former financial service retailer on a 0.63 acre lot. Zoned for a variety of commercial and retail uses. • 5 YEAR NNN LEASE WITH TWO 5 YEAR OPTIONS: Asking rent of $30/SF NNN. • LANDSCAPED PARKING LOT: Fully lit parking area with 18 surface parking spaces, two points of ingress and egress and lighted sign. • OUTPARCEL TO GROCERY ANCHORED SHOPPING CENTER: Located in Zephyrhills Plaza shopping center anchored by Save a Lot with a mix of local and national tenants. • STRONG TRAFFIC LOCATION: Located along CR-54/Pure Water Way, seeing over 17,300 Vehicles per day (VPD). Florida State Road 54 is a six lane east-west highway in the Tampa Bay area, running from US-19 to US-301. • DENSE RETAIL AND RESIDENTIAL CORRIDOR: Near multiple national tenants including Walgreens, Hardees, CVS, Save a Lot, Cricket Wireless, 7-Eleven, Winn-Dixie, Dunkin, Dollar General, Ace Hardware and more. Proximity to multiple mobile home communities and new construction housing developments • STRONG AND GROWING DEMOGRAPHICS: The population exceeds 85,300 within 5-miles
Market Context
This retail in Zephyrhills, FL is listed for sale. Compare it against other retail listings for sale in Zephyrhills, FL — view the full market.
Estimated Price per SF
$82.33/SF – $598.78/SF
Mid: $249.49/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Sean Sutherland · (813) 387-4728 · sean.sutherland@marcusmillichap.com
- Bobby Gross · (813) 387-4776 · bobby.gross@marcusmillichap.com
- DP Patel · (813) 387-4812 · darpan.patel@marcusmillichap.com
- Dan Yozwiak · (614) 360-9036 · dan.yozwiak@marcusmillichap.com
Explore this market
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