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Property profile & analytics
OFF-MARKET
Neighborhood centers

5671 Fowler Ave Temple Terrace, FL 33617

50,931 SF 4.17 ac lot Built 1990
Property ID
Property summary
AI-generated overview

Terrace Walk Plaza offers a prime retail opportunity in the USF submarket. This Class A, 50,931 square foot shopping center, built in 1990, features a single building situated on a 4.17-acre lot. Currently, 2,393 square feet of contiguous space is available for lease, representing the minimum and maximum divisible space. The property boasts a highly visible location at the signalized southeast corner of E Fowler Avenue and N 56th Street, experiencing high traffic volume of approximately 62,500 cars daily (E Fowler Ave at ~36,000 and N 56th St at ~26,500). Its proximity to the University of South Florida (over 50,000 students), the Museum of Science and Industry (MOSI), and Florida College (within 2 miles) ensures a substantial customer base. The center benefits from multiple access points, including convenient right-in, right-out, and left-in access on E Fowler Avenue. Additional advantages include adjacency to the future Florida Orthopedic Corporate Headquarters and Urgent Care, and two pylon signs for enhanced visibility. The space is suitable for retail or medical uses and offers excellent potential for businesses seeking high visibility and strong foot traffic in a thriving university area.

Property profile
Verified
Property type Neighborhood centers
Year built 1990
Total area 50,931 SF
Lot 4.17 ac (181,645 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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