5330 Ehrlich Rd Tampa, FL 33624-6966

West Village Commons, a 60,234 square foot shopping center in Tampa, Florida, presents a compelling investment opportunity. This 100% occupied, two-building property boasts 17 tenants, including Dollar Tree, USPS, and Little Caesars, and is shadow-anchored by a high-performing EoS Fitness center. The property sits on a 7.24-acre lot at the southwest corner of Ehrlich Road and W Village Drive, benefiting from high traffic counts and excellent visibility. Recent renovations (2004 & 2022) include new roofs (with 20-year warranties), paint, facade, and signage upgrades. The property features a desirable tenant mix catering to the affluent Carrollwood and Northdale neighborhoods, with a strong average household income within a one-mile radius ($124,829). The center's strong performance is reflected in its $1,230,611 NOI and a 7.00% cap rate. Ten of the seventeen tenants have no remaining options, presenting a significant opportunity for future rent increases. The property is zoned PD - Planned Development (Hillsborough County) and was built in 1985. This is a rare opportunity to acquire a stable, high-performing retail asset in a prime Tampa location with significant upside potential. The property offers easy access from major roadways with signalized intersections and median cuts providing convenient access for customers. The substantial daytime population within a 5-mile radius (189,668) further underscores the property's strong market position. This is a turnkey investment with a proven track record and significant potential for long-term growth.