LA Fitness-Anchored Shopping
For Sale
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35104 US Hwy 19 N, Palm Harbor, FL 34683
Fee-simple retail center with a separate building at a hard corner on US-19.
Property Size93,487 SF
Days on Market143
Property Features for 35104 US Hwy 19 N
General Information
Standard status
Active
Size
93,487 SF
Property subtype
Retail
Occupancy
100%
Financials
Asking Price
$28,750,000
Cap Rate
6.64%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
LA Fitness
Traffic Count
80,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
STNL
Listed By:
Mark Thompson · License #BK3217284
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:41AM
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 STNL
Investment Insights
Based on property information with market context.
Alderman Plaza is a 93,487-square-foot fee-simple shopping center with LA Fitness as its anchor. The property includes 36,300 square feet of shop space and a separate 6,187 SF building, creating multiple retail components within the center. The LA Fitness, shop-space, and outparcel components are reported as 100% occupied.
The property occupies the hard corner of Alderman and US-19 in Palm Harbor, approximately 20 minutes west of Tampa. The intersection carries 80,000 VPD and is shared with tenant-owned and operated Walmart and Publix locations. Shop-space tenancy includes established occupants, with 36% of tenants having remained in place for ten or more years. The property has been locally owned and operated by the same family since 1986 and is offered at a 6.64% CAP rate based on actual numbers.
The property occupies the hard corner of Alderman and US-19 in Palm Harbor, approximately 20 minutes west of Tampa. The intersection carries 80,000 VPD and is shared with tenant-owned and operated Walmart and Publix locations. Shop-space tenancy includes established occupants, with 36% of tenants having remained in place for ten or more years. The property has been locally owned and operated by the same family since 1986 and is offered at a 6.64% CAP rate based on actual numbers.
Key Highlights
- 93,487‑square‑foot fee‑simple shopping center
- LA Fitness anchors the center, which includes 36,300 square feet of shop space
- Separate 6,187 SF building included
Property Analytics
Property Profile
Current Use
Lease Details
80,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
223k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Dining 20%
Groceries 17%
Shops & Services 17%
Walmart
Superstores
91,060 visits/mo
0.3 miles
Publix
Groceries
37,687 visits/mo
0.3 miles
LongHorn Steakhouse
Dining
16,875 visits/mo
0.4 miles
Shell
Shops & Services
12,428 visits/mo
0.2 miles
Circle K
Shops & Services
10,365 visits/mo
0.2 miles
Demographics for 34683, FL
33,453
Population
15,686
Households
2.1
Avg Household Size
49
Median Age
43%
College-Educated
95%
High-School Grad
10.3 sq mi
ZIP Area
3,248
Density / Sq Mi
$90,037
Median Household Income
$53,330
Median Earnings
$1,655
Median Rent
$424,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- L'Attitude Imports — 35154 us-19, palm harbor, fl 34684
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- Riviere Shopping Center — Palm Harbor, FL 34684
Frequently Asked Questions
What type of property is this?
Shopping center - Fee-simple retail center with a separate building at a hard corner on US-19.
Where is this shopping center located?
The property is located at 35104 US Hwy 19 N Palm Harbor, FL.
What are key features of this property?
This property features: 93,487‑square‑foot fee‑simple shopping center; LA Fitness anchors the center, which includes 36,300 square feet of shop space; Separate 6,187 SF building included
