Multi-Unit Retail
1309 S COLLINS ST Plant City, FL 33563
For Sale
Contact for pricing
Retail building with three individual units, including two with upstairs lofts, plus ample parking near major highways.
Property Size4,322 SF
Price / SF$277.65
Days on Market113
Property Features for 1309 S COLLINS ST
General Information
Standard status
Active
Size
4,322 SF
Property subtype
RETAIL
Listing Agency:
Boutique National, LLC (Bounat)
(813) 967-6077
Listed By:
Nick Ganey · License #SL3145813
(813) 967-6077
Source:
Moodyscre
Added: Apr 6
Changed: Jul 25
Last Checked: Jul 25 at 11:56AM
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 Boutique National, LLC (Bounat)
Investment Insights
Based on property information with market context.
This multi-unit retail building totals 4,322 square feet and is configured as three individual units. Two of the units include upstairs loft areas, adding additional interior flexibility within the building’s current setup. The property is positioned to support straightforward storefront occupancy given its direct-access layout and parking availability.
The building is located with close proximity to Interstate 4 and has direct access to Highway 60. Its high visibility and accessibility, combined with ample parking, can support both customer-facing retail uses and tenant-friendly operations.
Offered for sale as a multi-tenant asset, the property’s existing unit configuration provides a practical structure for retail occupancy across three separate spaces.
The building is located with close proximity to Interstate 4 and has direct access to Highway 60. Its high visibility and accessibility, combined with ample parking, can support both customer-facing retail uses and tenant-friendly operations.
Offered for sale as a multi-tenant asset, the property’s existing unit configuration provides a practical structure for retail occupancy across three separate spaces.
Key Highlights
- 4,322 SF retail building with 3 individual units, including 2 units with upstairs lofts
- Direct access to Highway 60
- Close proximity to Interstate 4
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $15.00 |
| − Vacancy | −$4.2k | −$0.98 |
| EGI | $60.6k | $14.03 |
| − OpEx | −$18.2k | −$4.21 |
| NOI | $42.4k | $9.82 |
4,322 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$606.2K
$530.4K – $707.2K
NOI $42,431 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,618 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail building with three individual units, including two with upstairs lofts, plus ample parking near major highways.
Where is this retail space located?
The property is located at 1309 S COLLINS ST Plant City, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,322 SF retail building with 3 individual units, including 2 units with upstairs lofts; Direct access to Highway 60; Close proximity to Interstate 4
