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Faits saillants de l'investissement
- Multi-tenant retail property with 80 individual units and flexible suite sizes for small businesses.
- 33.88-acre site featuring a 5-acre C1-zoned grove and 10 additional acres suitable for future development (6 units per acre potential density).
- Month-to-month and short-term leases well below market provide immediate income enhancement opportunities.
- Current NOI of $488,000 with the potential to increase to over $1.14M through stabilization and rent growth.
- Strong 97% occupancy level with a stable base of local, service-oriented tenants across diverse categories.
- Flexible C2 zoning supports retail, office, restaurant, service, and flex uses for long-term versatility.
Résumé de l'annonce
Hillvest Center presents a rare opportunity to acquire a multi-tenant retail asset with significant upside and future development potential in Zephyrhills, Florida. Situated on nearly 34 acres, this property features an 80,000 SF retail plaza paired with valuable excess land that delivers options for expansion or redevelopment. Current occupancy is robust at over 97%, anchored by a diverse mix of local and service-oriented tenants catering to everyday needs across retail, restaurants, and personal services.
The offering provides immediate income with strong in-place cash flow and major growth prospects through lease-up and rent adjustments to market levels. A substantial portion of leases are month-to-month or short-term, allowing for significant value creation by stabilizing occupancy. With approximately 15 acres positioned for future land use—supporting additional development density—the property appeals to both value-add investors and developers. Located within the fast-growing Tampa Bay region, Hillvest Center benefits from strong traffic patterns, accessible infrastructure, and a growing consumer base, making it an outstanding acquisition for long-term portfolio growth.
The offering provides immediate income with strong in-place cash flow and major growth prospects through lease-up and rent adjustments to market levels. A substantial portion of leases are month-to-month or short-term, allowing for significant value creation by stabilizing occupancy. With approximately 15 acres positioned for future land use—supporting additional development density—the property appeals to both value-add investors and developers. Located within the fast-growing Tampa Bay region, Hillvest Center benefits from strong traffic patterns, accessible infrastructure, and a growing consumer base, making it an outstanding acquisition for long-term portfolio growth.
Faits sur la propriété
| Prix | 15 458 300 $ CAD | Nombre de propriétés | 8 |
| Prix/pi² | 168,77 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 4,44% | Taille totale du bâtiment | 91 595 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 176,08 AC |
| Statut | Actif |
| Prix | 15 458 300 $ CAD |
| Prix/pi² | 168,77 $ CAD / pi² |
| Taux de capitalisation | 4,44% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 8 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 91 595 pi² |
| Superficie totale du terrain | 176,08 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 36910 Sr-54, Zephyrhills, FL 33541 | Bureau | 3 000 pi² | 1965 | - |
| 36910-36936 SR 54, Zephyrhills, FL 33541 | Commerce de détail | 20 292 pi² | 1971 | - |
| 4729 Allen Rd, Zephyrhills, FL 33541 | Commerce de détail | 12 000 pi² | 1993 | - |
| 4837-4845 Allen Rd, Zephyrhills, FL 33541 | Commerce de détail | 11 335 pi² | 1993 | - |
| 4811 Allen Rd, Zephyrhills, FL 33541 | Commerce de détail | 10 948 pi² | 1982 | - |
| 4904 Allen Rd, Zephyrhills, FL 33541 | Commerce de détail | 9 946 pi² | 1983 | - |
| 4753 Allen Rd, Zephyrhills, FL 33541 | Industriel | 12 112 pi² | 1993 | - |
| 4777 Allen Rd, Zephyrhills, FL 33541 | Industriel | 11 962 pi² | 1993 | - |
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