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Two-Tenant Retail Shopping Center
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33650 U.S Highway 19 North, Palm Harbor, FL 34684

Two-tenant shopping center anchored by Sprouts Farmers Market and Office Depot on a hard corner.

Property Size60,010 SF
Days on Market121

Property Features for 33650 U.S Highway 19 North

General Information

Standard status Active
Size 60,010 SF
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Tampa
Listed By: Jim Shiebler, CCIM, CEC · License #FL SL3347780
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:24PM

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 CBRE - Tampa

Investment Insights

Based on property information with market context.

This two-tenant shopping center totals 60,010 square feet and is occupied by Sprouts Farmers Market and Office Depot. Sprouts recently signed a new 10-year triple-net lease with four, 5-year options. Office Depot has been in place for more than 10 years, with five years remaining on the current lease term and four, 5-year option periods.

The center sits at the hard corner of Nebraska Avenue and U.S. Highway 19 in Palm Harbor, Florida. U.S. Highway 19 averages more than 82,000 cars per day, and Nebraska Avenue averages more than 16,600 cars per day, supporting strong roadway visibility. Multiple ingress and egress points provide customer-friendly access from surrounding traffic patterns.

National retailers immediately surround the property, including Publix and Walgreens, along with other nearby businesses such as Michael’s, Chipotle, Bank of America, Verizon, Carrabbas, and Ferrari of Tampa Bay.

Key Highlights

  • 60,010‑SF, two‑tenant shopping center anchored by Sprouts Farmers Market and Office Depot
  • Sprouts signed a new 10‑year triple‑net lease with four, 5‑year options
  • Office Depot has occupied the center for more than 10 years; lease has five years remaining plus four, 5‑year options

Property Analytics

Current Use

ATM Atm Primo Water Refill Big Box & Wholesale Store Coinhub Bitcoin ATM ... Atm CDReload by Crypto ... Atm Burlington Home Goods Store

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Auto Repair Shop Building Supply Law Firm Auto Parts Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby
339k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 29% Groceries 16% Apparel 14%
Michaels Shops & Services
39,062 visits/mo 0.1 miles
McDonald's Dining
35,253 visits/mo 0.1 miles
Publix Groceries
32,738 visits/mo 0.3 miles
Sprouts Farmers Market Groceries
22,402 visits/mo 0.2 miles
Speedway Shops & Services
21,302 visits/mo 0.1 miles

Demographics for 34684, FL

27,078
Population
14,308
Households
1.9
Avg Household Size
54
Median Age
35%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,041
Density / Sq Mi
$67,542
Median Household Income
$47,427
Median Earnings
$1,781
Median Rent
$293,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

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  • Shoppes at Cloverplace 3205 Tampa Rd, Palm Harbor, FL 34684
  • Oasis Plaza 32920 US Hwy 19 N, Palm Harbor, FL 34684

Frequently Asked Questions

What type of property is this?
Shopping center - Two-tenant shopping center anchored by Sprouts Farmers Market and Office Depot on a hard corner.
Where is this shopping center located?
The property is located at 33650 U.S Highway 19 North Palm Harbor, FL.
What are key features of this property?
This property features: 60,010‑SF, two‑tenant shopping center anchored by Sprouts Farmers Market and Office Depot; Sprouts signed a new 10‑year triple‑net lease with four, 5‑year options; Office Depot has occupied the center for more than 10 years; lease has five years remaining plus four, 5‑year options
More about this property
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