3311 Lithia Pinecrest Rd Valrico, FL 33596-5636

This exceptional investment opportunity presents a three-tenant, 53,644-square-foot retail center located at 3311 Lithia Pinecrest Rd, Valrico, FL 33596, in Hillsborough County. The property boasts a strong tenant lineup anchored by Sprouts Farmers Market and PetSmart, complemented by Orange Theory Fitness. Built in 2007, this center sits on a 4.71-acre lot (APN: U-06-30-21-ZZZ-000004-27840.0) and benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities. The asking price is $15,120,154, representing a price per square foot of $281.86 and a compelling 6.50% cap rate with a Net Operating Income (NOI) of $982,819. The property enjoys a premium location within a major retail corridor, proximate to other significant retailers including Walmart, Publix, Chick-fil-A, and Starbucks. Its strategic placement near a large healthcare campus and a new residential community further enhances its appeal. The surrounding area exhibits robust demographics, with over 171,001 people within a five-mile radius and an average household income exceeding $116,000. All tenants are national chains with established track records and renewal options featuring scheduled rent increases, providing investors with a stable and predictable income stream. This grocery-anchored center offers a compelling combination of strong tenants, favorable lease terms, and a desirable location within a thriving market.