RIPCO Real Estate is pleased to offer for sale Mariner Plaza, a ±6,950 SF, four-tenant neighborhood retail center located at the signalized intersection of US Highway 41 and State Road 54 in Lutz, Florida. The property is 100% occupied by Pinch A Penny, Hungry Howie’s, Mimino Food Market, and The Compassionate Clinic, all operating under NNN lease structures with expense reimbursement provisions that minimize landlord responsibilities.
The asset benefits from combined traffic counts exceeding ±98,000 vehicles per day, over ±200 feet of frontage and cross-access with CVS. Within a three-mile radius, the
population exceeds 47,022 with an average household income of approximately $147,033. Pasco County is one of Florida’s fastest-growing counties, with projected population
growth exceeding 11% through 2030.
Mariner Plaza represents an attractive investment opportunity for investors seeking stable cash flow with value-add potential. The property’s lease rollover profile provides future mark-to-market leasing opportunities, while recent ownership capital improvements reduce near-term capital expenditure requirements.