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Informations principales sur 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 analytique
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.
Informations sur l’immeuble
| Prix | 9 638 420 € | Nb de biens | 8 |
| Prix/m² | 1 133 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 4,44 % | Surface totale de l’immeuble | 8 509 m² |
| Type de vente | Investissement | Surface totale du terrain | 71,26 ha |
| Statut | Actif |
| Prix | 9 638 420 € |
| Prix/m² | 1 133 € / m² |
| Taux de capitalisation | 4,44 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 8 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 8 509 m² |
| Surface totale du terrain | 71,26 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 36910 Sr-54, Zephyrhills, FL 33541 | Bureau | 279 m² | 1965 | - |
| 4753 Allen Rd, Zephyrhills, FL 33541 | Industriel/Logistique | 1 125 m² | 1993 | - |
| 4777 Allen Rd, Zephyrhills, FL 33541 | Industriel/Logistique | 1 111 m² | 1993 | - |
| 36910-36936 SR 54, Zephyrhills, FL 33541 | Local commercial | 1 885 m² | 1971 | - |
| 4729 Allen Rd, Zephyrhills, FL 33541 | Local commercial | 1 115 m² | 1993 | - |
| 4837-4845 Allen Rd, Zephyrhills, FL 33541 | Local commercial | 1 053 m² | 1993 | - |
| 4811 Allen Rd, Zephyrhills, FL 33541 | Local commercial | 1 017 m² | 1982 | - |
| 4904 Allen Rd, Zephyrhills, FL 33541 | Local commercial | 924 m² | 1983 | - |
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Hillvest Center Retail Plaza
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