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    Paseo Al Mar Blvd X Milestone Dr Apollo Beach, FL 33572

    Sponsored
    For Lease
    Contact for pricing

    New 27,500 SF Retail Space Available

    Lot size:
    27,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located in the thriving Waterset community of Apollo Beach, Florida, at the intersection of Paseo Al Mar Boulevard and Milestone Drive (zip code 33572). The property, built in 2023, offers a total of 27,500 square feet of retail space in Phase 1, with an additional 54,690 square feet planned for Phase 2, slated for completion in Q4 2025. Phase 1 is currently available for immediate occupancy. Spaces range from 1,200 to 4,900 square feet and are divisible to accommodate various business needs. Ideal for restaurants, specialty stores, and fitness centers, this town-center location benefits from high visibility and convenient access. The property is situated within a vibrant, family-friendly community, boasting 236 existing luxury multi-family units on-site, with an additional 400 units currently under construction and a further 700 units planned. This ensures a substantial and growing customer base. A dedicated parking lot provides ample parking for patrons with 535 spaces. The property's location is easily accessible by bicycle, further enhancing its appeal. This is a prime opportunity to establish a business in a rapidly expanding and desirable area.

    Property Features for 0 Paseo Al Mar Blvd X Milestone Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,500 SF

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    PHASE 2
    Size
    5,250 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Apollo Beach
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.380239
    Latitude
    27.7660819

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    FAQs

    What type of property is this?
    Restaurant - New 27,500 SF Retail Space Available
    Where is this restaurant located?
    The property is located at Paseo Al Mar Blvd X Milestone Dr Apollo Beach, FL.
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    Paseo Al Mar Blvd X Milestone Dr Apollo Beach, FL 33572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Paseo Al Mar Blvd X Milestone Dr Apollo Beach, FL 33572
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