17637 Harpers Run - Freestanding FOR SALE


Lutz, FL 33558
$4,859,000 USD
954-302-7365
17637 Harpers Run, Lutz, FL for Sale
$4,859,000 USD
Freestanding - FOR SALE
1/9
null | 6% Cap Rate

17637 Harpers Run
Lutz, FL 33558


HIGHLIGHTS

  • New 10-Year Leases | Options To Extend | 10% Rental Increases | 2024 Construction
  • Cypress Ranch: 164-Acre Mixed-Use Development | 598 Residential Units & 100,000 SF Office
  • Prime Retail Corridor | Strong Tenant Synergy
  • Signalized, Hard Corner Intersection | 69,000+ Combined Vehicles
  • Planned Moffitt Cancer Center | Major Economic Driver
  • Demographics In 5-Mile Radius | Tampa/St. Pete MSA |Annual Population Growth

OVERVIEW

• Both tenants have recently executed brand-new 10-year leases, each with two (2) additional 5-year renewal options, demonstrating their long-term commitment to the site • Scheduled 10% rental increases every 5 years during the primary term and at the start of each option period drive NOI growth and provide a built-in hedge against inflation • The building was constructed in 2024 using high-quality materials and modern finishes, minimizing future capital expenditures

FOR SALE DETAILS

PRICE

$4,859,000 USD

PRICE/SF

$851 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresh Kitchen & Chewy Vet Care - Orlando FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

MPUD

APN/PARCEL ID

29-26-18-0070-00000-0040

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.