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Hillvest Center Retail Plaza
Zephyrhills, FL Zephyrhills Area

$11,000,000 USD

Portfolio For Sale  •  91,595 SF

8 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 4.44 %
40 Walk Score

Highlights

Multi-tenant retail property with 80 individual units and flexible suite sizes for small businesses.
Current NOI of $488,000 with the potential to increase to over $1.14M through stabilization and rent growth.
33.88-acre site featuring a 5-acre C1-zoned grove and 10 additional acres suitable for future development (6 units per acre potential density).
Strong 97% occupancy level with a stable base of local, service-oriented tenants across diverse categories.
Month-to-month and short-term leases well below market provide immediate income enhancement opportunities.
Flexible C2 zoning supports retail, office, restaurant, service, and flex uses for long-term versatility.

Property Flyers

Cap Rate: 4.44 %

Public Transportation

AirportDriveWalkDistance
Tampa International 54 min - 39.2 mi
Cody Brightwell 440-376-1006 Nye Commercial Advisors
Cody Brightwell 440-376-1006 Nye Commercial Advisors