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Property profile & analytics
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
$6.60M
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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