The project is a 30 acre commercial site located at the SE quadrant of the I-75 Moccasin Wallow exit (#229) at Buffalo Road and Moccasin Wallow Road between Tampa, Sarasota, and St. Petersburg Florida. The Publix-anchored shopping center has been open and operating since September 2020 and they have far exceeded their expectations in sales. All inline units have leases out and a portion of our out parcels. So far all of our tenants have seen massive success and we hope to continue that success with great tenants.
If you're not familiar with Palmetto, the area is booming with growth with over 64,000 existing and approved homes in the trade area and is located less than 30 minutes from Tampa, St. Petersburg, and Sarasota Florida. They also just announced a hospita is coming to Palmetto directly across the street from our center.
This building is 4950 SF and is delivered as a greybox.