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    FOR LEASE
    Retail space

    24400 Fl-54, Lutz, FL 33559

    3,420 SF 1 ac lot Built 2006
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US18-3468547
    Property summary
    AI-generated overview

    Eagle Plaza, a two-building retail center totaling 29,695 square feet, presents a prime opportunity in the thriving Wesley Chapel submarket of Lutz, Florida. Built in 2006, this single-story complex boasts a highly visible location on State Road 54, a major thoroughfare with an impressive average daily traffic count of 69,000 vehicles. Currently, 4,130 square feet of retail space is available, including a 3,030-square-foot unit with direct frontage on SR-54. This strategic location offers exceptional visibility and accessibility for businesses seeking high foot traffic. The property benefits from its proximity to key amenities, including a newly constructed EOS Fitness center and 252 multi-family units directly across the street, ensuring a consistent flow of potential customers. Furthermore, its convenient location, just a four-minute drive from the Tampa Premium Outlets and Interstate 75, provides easy access to a wider regional market. The property's address is 24400 State Rd 54, Lutz, FL 33559, and is situated within the Lutz/Wesley Chapel submarket cluster. This presents a rare opportunity to establish or expand a business in a dynamic and rapidly growing area. The property's zip code is 33559. The cross street is Oakgrove Boulevard.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Total area 3,420 SF
    Lot 1 ac (43,659 SF)
    Zoning code 00C2
    APN 33-26-19-0000-00200-0090
    UPID US18-3468547
    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
    • Brunchies Breakfast, Brunch & Lunch Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.42M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.51M
    Owner & transaction history
    Fi Re Highland Medical Hldg Jv LLC · 3 yrs held
    Fi Re Highland Medical Hldg Jv LLC
    since 2023
    Last sale
    $6.5M
    3 recorded transactions
    2023
    $6.5M
    2013
    $2.3M
    2002
    $272,500
    Zoning & alternative use
    00C2 · Lutz, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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