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Shopping Center with Divisible Vacant Space
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20304 Trout Creek Dr, Tampa, FL 33647

14,992-sf shopping center with a 7,000-sf vacant space divisible into up to five retail/office units.

Property Size14,992 SF
Days on Market120

Property Features for 20304 Trout Creek Dr

General Information

Standard status Active
Size 14,992 SF
Property subtype Retail
Listing Agency: Marcus & Millichap
Listed By: Medefind Garner Shiebler Group · License #SL3216834
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 7:50AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to exclusively offer for sale Trout Creek Commons, a 14,992-square-foot shopping center in the Tampa Bay MSA. The property includes a 7,000-square-foot vacant space that can be leased as a single-user or easily divided into five 1,400-square-foot retail/office units, offering flexibility for prospective tenants and operators.

Trout Creek Commons is located on Wesley Chapel’s main retail corridor at 20304 Trout Creek Dr, Tampa, FL 33647. The surrounding area is described as having projected population growth of 10% over the next 4 years, and the property is also within a 2-mile radius of more than two dozen class A apartment communities.

Key Highlights

  • Trout Creek Commons is a 14,992‑sf shopping center in the Tampa Bay MSA
  • Includes a 7,000‑sf vacant space that can be leased as a single user or divided into up to five 1,400‑sf retail/office units
  • Value‑add setup with projected pro forma cap rate over 8% upon stabilization to market occupancy

Property Analytics

Current Use

Platinum Salon Hair Salon Platinum Beauty Salon (Bike/Boat/Book/etc) Store Ice Spice Indian ... Restaurant Pure Nail Bar ... Nail Salon Pure Hair Co. ... Hair Salon

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
58k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 44% Beauty & Spa 4%
Burger King Dining
12,726 visits/mo 0.3 miles
Mister Car Wash Shops & Services
10,749 visits/mo 0.1 miles
AutoZone Shops & Services
7,226 visits/mo 0.1 miles
Burger 21 Dining
5,227 visits/mo 0.1 miles
Five Guys Dining
4,390 visits/mo 0.5 miles

Demographics for 33647, FL

69,457
Population
27,960
Households
2.5
Avg Household Size
36
Median Age
60%
College-Educated
96%
High-School Grad
32.4 sq mi
ZIP Area
2,144
Density / Sq Mi
$104,775
Median Household Income
$55,450
Median Earnings
$1,784
Median Rent
$437,600
Median Home Value

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 14,992-sf shopping center with a 7,000-sf vacant space divisible into up to five retail/office units.
Where is this shopping center located?
The property is located at 20304 Trout Creek Dr Tampa, FL.
What are key features of this property?
This property features: Trout Creek Commons is a 14,992‑sf shopping center in the Tampa Bay MSA; Includes a 7,000‑sf vacant space that can be leased as a single user or divided into up to five 1,400‑sf retail/office units; Value‑add setup with projected pro forma cap rate over 8% upon stabilization to market occupancy
More about this property
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