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Grocery-Anchored Neighborhood Shopping Center
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3438 E Lake Rd, Palm Harbor, FL 34677

Grocery-anchored shopping center anchored by Walmart and Walgreens at a high-traffic intersection.

Property Size750 SF
Days on Market772

Property Features for 3438 E Lake Rd

General Information

Standard status Active
Size 750 SF
Property subtype RETAIL
Listing Agency: Kimco Realty - Corporate
Listed By: Jordyn Mellow
Source: Moodyscre
Added: Jun 20, 2024 Changed: Jul 30 Last Checked: Jul 30 at 9:54PM

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 Kimco Realty - Corporate

Investment Insights

Based on property information with market context.

Grocery-anchored neighborhood shopping center at 3438 E Lake Rd in Palm Harbor, Florida, anchored by Walmart and Walgreens. The center is positioned at a high-traffic intersection and is located across from a Target and Publix-anchored shopping center.

Traffic counts (AADT) are reported as 55,500 on Tampa Road and 18,200 on East Lake Road. The property also notes outparcel opportunities.

With strong retail anchors and visibility at a busy intersection, the site is designed to support a neighborhood shopping mix and benefit from cross-shopping activity created by adjacent, major retail tenants.

Key Highlights

  • Anchored by Walmart and Walgreens
  • Located across from a Target and Publix‑anchored center
  • High‑traffic intersection with AADT reported at 55,500 on Tampa Road

Property Analytics

Current Use

Mail Room Corporate Office East Lake Lending Loan Service Alan A. Everton: Allstate ... Insurance Agency Pupcakes Etc Big Box & Wholesale Store Papa Johns Pizza Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Restaurant Nail Salon Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Shops & Services 33% Dining 19% Beauty & Spa 3%
Publix Groceries
33,562 visits/mo 0.3 miles
Shell Shops & Services
14,905 visits/mo 0.1 miles
Starbucks Dining
11,497 visits/mo 0.2 miles
Truist Shops & Services
4,137 visits/mo 0.2 miles
Chase Bank Shops & Services
2,668 visits/mo 0.1 miles

Demographics for 34677, FL

22,524
Population
10,056
Households
2.2
Avg Household Size
46
Median Age
41%
College-Educated
95%
High-School Grad
12.7 sq mi
ZIP Area
1,774
Density / Sq Mi
$85,389
Median Household Income
$46,404
Median Earnings
$1,484
Median Rent
$352,200
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

  • Ridgemoor Plaza — 36181 E Lake Rd S, Palm Harbor, FL 34685

Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored shopping center anchored by Walmart and Walgreens at a high-traffic intersection.
Where is this shopping center located?
The property is located at 3438 E Lake Rd Palm Harbor, FL.
What are key features of this property?
This property features: Anchored by Walmart and Walgreens; Located across from a Target and Publix‑anchored center; High‑traffic intersection with AADT reported at 55,500 on Tampa Road
(407) 501-8654 Call to check price and availability
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