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Property profile & analytics
OFF-MARKET Estimated value $435,000
Drive through restaurants

22820 State Rd 54 Lutz, FL 33549-6985

2,410 SF 1.04 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US19-0443147
Property summary
AI-generated overview

This exceptional 2,410 square foot freestanding retail building is available for lease in Pasco County. Situated on a 1.19-acre lot, the property boasts ample parking and a convenient drive-thru. The building's strategic location at a signalized intersection ensures high visibility and accessibility, with an estimated 80,000 cars passing daily. This single-tenant space presents a fantastic opportunity for businesses seeking a prominent presence in a thriving retail corridor. The property benefits from its proximity to a variety of established national and regional retailers, including Publix, Sprouts, Michaels, Starbucks, Belk, Dunkin', 7-Eleven, Fifth Third Bank, Crunch Fitness, Walgreens, Sonic, Caribou Coffee, Advance Auto Parts, Wells Fargo, Regions Bank, and Chili's. The entire 2,410 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The high traffic count and established retail environment make this property an ideal location for a wide range of businesses seeking maximum exposure and customer reach. This is a rare opportunity to secure a prime retail space in a high-demand area. Contact us today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1996
Total area 2,410 SF
Lot 1.04 ac (45,340 SF)
Zoning code MPUD
APN 31-26-19-0000-00100-0022
UPID US19-0443147
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
Current use
Occupant on record · Public records
  • Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k
Owner & transaction history
Vdm Chipharm LLC · 1 yrs held
Vdm Chipharm LLC
since 2025
Last sale
$2.0M
4 recorded transactions
2025
$2.0M
2014
$1.7M
2003
$827,500
1969
Price N/A
Zoning & alternative use
MPUD · Lutz, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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