Very rare opportunity to purchase one of the remaining fee simple retail lots at Lowes Home Improvement located in Brooksville, Florida! Located just off the South East corner of the signalized intersection at US 41/Broad Street (25,000 AADT) and Wiscon Road (9,600 AADT). Fronting US 41 with 173’ of HWY frontage at the southerly entrance of the Lowes site. We are offering two parcels of C2 zoned land totaling 3.9 acres (Parcel C ~1.5 Ac, Parcel D ~2.4 Ac) with potential drive way connection to Lowes and adjoining retail. Brooksville, Florida is located in unincorporated Hernando County, a submarket of the Tampa-St. Petersburg MSA. This metropolitan area is the 18th largest in the United States, with a current population of 3,175,275, featuring an annual growth rate of 10.5%, and is expecting to increase up to 61% (1,457,143) by the year 2040. Hernando County’s current population of 200,596 is growing by 1.66% annually and is expected to increase the current population by 30% by 2040 (54,322). Within a 15 min drive of the subject property, a majority of the consumer expenditures in the trade area include: Restaurants/QSR, housing, entertainment/recreation, clothing and medical/physician services. Within a 5 min drive time, 67.7% of the population went to family restaurants/steak houses, 88.3% went to fast food/drive-in restaurants, 74.8% bought automobiles, 69% bought beverages and 32.3% bought cell phones. Subject property is located just 1.5 miles south of State Road 50/Cortez Blvd, which connects to the 589 Toll Road (54.1 miles from Tampa) within 5.5 miles, 11.7 miles from I-75, and 12.8 miles from US 19. Hernando County has a labor force of 75,939 and a low 4.7% unemployment rate, down by 1.4% from the previous year. The immediate retail trade area is home to several large retailers such as Lowes Home Improvement, Walmart Supercenter, Publix, Winn-Dixie, Auto Nation, Harbor Freight Tool, Big Lots, and QSR/Family Reasturant brands. This rare opportunity presents a promising investment! Sale Cap Rate 2021 Tampa-St. Petersburg MSA: Retail 4.9%-5.9% Industrial 4%-5.9% Multi Family 4%-5.9% Office 5%-7%. Access From Brooksville: Tampa Int’l Airport, 41 miles Port Tampa Bay, 46 miles Orlando Int’l Airport, 82 miles Brooksville - the geographic center of the state A 4-hour drive time radius reaches Miami, eastern Alabama and south-central Georgia Hernando County Distribution Business: Walmart Distribution Center Premio Foods 84 Lumber Delamere Industries Barrette Outdoor Living Accuform Signs Investment Highlights Lowes Home Improvement Outparcel Great Access & Visibility with 173’ of frontage on US 41/Broad Street 34,600 Combined AADT on Major Arterial Highway Cross access to the lighter intersections of US 41 (Broad St.) & Wiscon Road 1.5 Acres and 2.4 Acres Both Lots Zoned C2 https://www.theanalystpro.com/PackageFlipPRO/Elias_Kirallah/outparcels_on_us_41.html#flipbook-flipbookContainer/5/