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707-787 Martin Luther King Blvd
Seffner, FL 33584 Southeast Tampa

$10,150,000 USD

Freestanding For Sale  •  83,201 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 69,757 SF
  • Lot Size 9 AC
  • Building Class C
  • Year Built 1979
  • Cap Rate 6.80 %
  • Tenancy Multiple
  • Zoning PD-RP
0 Transit Score
63 Walk Score

Highlights

Save-A-Lot Anchored Shopping Center Located on High Traffic Intersection in Seffner, FL (Tampa MSA)
85% of the Center is Occupied by National Brand Tenants Including Planet Fitness, Dollar Tree, Ace Hardware, Papa John’s Pizza, and Select Phys
North Grove Center is Competitively Priced Well Below Replacement Cost at $145 per Square Foot
Excess Parking May Allow for An Outparcel Development
Multiple Tenants have Below Market Rents Including Dollar Tree, Planet Fitness and Save-A-Lot
North Grove Center Sits on a High-Traffic, Signalized Corner with Over 54,000 VPD Passing Through the Intersection
Cap Rate: 6.80 %

Major Tenants

Tenant SF Occupied Lease End Date
Ace Hardware 10,500 SF
Dollar Tree 10,800 SF
Papa Johns 1,300 SF
Planet Fitness 18,574 SF 9/10/2022
Save-A-Lot 15,732 SF

Public Transportation

AirportDriveWalkDistance
Tampa International 31 min - 18.5 mi
St Pete-Clearwater International 48 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tricia Lim 786-522-7086 Marcus & Millichap
Tricia Lim 786-522-7086 Marcus & Millichap