Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Retail Space in Gibsonton Title is generated by Realmo AI

    11120 US Hwy 41 S, Gibsonton, FL 33534

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Over 8,000 sq ft retail space in Twin Oaks Plaza.

    Type:Retail, Office, Special Purpose
    Property size:
    8,000 SF
    Added:
    Jul 24, 2024
    Days on Market:
    660
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 11120 US Hwy 41 S

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Property subtype
    Retail, Office, Special Purpose

    Spaces For Lease

    at 11120 US Hwy 41 S Contact us

    $8 /Mo

    Size
    8,132 SF
    Type
    Retail, Office, Special Purpose
    Contact us

    We can help!

    Listing Contact
    Elizabeth James

    Listing agent Elizabeth James License #bk3278833

    Listing office Star Bay Realty Corp

    Listing date Jul 24, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Star Bay Realty Corp

    HighLights

    • Over 8,000 sq ft of prime retail space in Twin Oaks Plaza.
    • High visibility location on US Highway 41 South with 43,200 daily vehicle trips.
    • Located in a rapidly growing area (Apollo Beach and Riverview) with rising income levels.
    • Versatile space suitable for various business types.
    • Over 200 dedicated parking spaces for customers.
    • Built‑in bathroom.

    Overview

    This retail space offers over 8,000 square feet in the Twin Oaks Plaza shopping center, located on US Highway 41 South in Gibsonton, Florida. The space features a large open layout and a built-in bathroom, suitable for various business types. The location benefits from high visibility, with 43,200 daily vehicle trips. The surrounding communities of Apollo Beach and Riverview are experiencing rapid population growth and rising income levels. The property offers over 200 dedicated parking spaces. This versatile space can accommodate a flagship store, entertainment venue, fitness center, or other business. The lease will be a modified gross lease to include base monthly rent plus CAM and RE tax $3.57/sqft/year plus tax . Minimum rent will be $8,000 per month.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gibsonton
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3746
    Latitude
    27.8225

    Nearby Similar for Lease

    • Contact for pricing

      Medical Office Space Available Now

      1,000 SF medical office space for rent, utilities included.
      13131 KINGS LAKE Dr 103, Gibsonton, FL 33534
      View Details
    • $98,280 SF/Yr

      Gibsonton Warehouse Space Available

      Warehouse space available for lease in Gibsonton, Florida.
      13135 KINGS LAKE DRIVE 103, GIBSONTON, FL 33534
      View Details
    • Contact for pricing

      Symmes Road Frontage Available

      Office, warehouse, or light repair shop space for lease.
      7812 Symmes Road, Gibsonton, FL 33534
      View Details
    • Contact for pricing

      Tampa Regional Industrial Park Development

      New industrial buildings available for lease in Gibsonton, Florida.
      6508 Powell Road, Gibsonton, FL, 33534
      View Details
    • Contact for pricing

      Big Bend Professional Center Office

      Office space in rapidly developing Riverview/Apollo Beach area.
      13123 Kings Lake Drive, Gibsonton, FL, 33534
      View Details
    • Contact for pricing

      Tampa Regional Industrial Park Development

      New industrial buildings for lease in Gibsonton, Florida.
      6508 Powell Rd, Gibsonton, FL 33534
      View Details

    FAQs

    What type of property is this?
    Retail space - Over 8,000 sq ft retail space in Twin Oaks Plaza.
    Where is this retail space located?
    The property is located at 11120 US Hwy 41 S Gibsonton, FL.
    What are key features of this property?
    This property features: Over 8,000 sq ft of prime retail space in Twin Oaks Plaza.; High visibility location on US Highway 41 South with 43,200 daily vehicle trips.; Located in a rapidly growing area (Apollo Beach and Riverview) with rising income levels.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Elizabeth James
    Real Estate License ID: bk3278833
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11120 US Hwy 41 S, Gibsonton, FL 33534
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!