Health Clubs Offerings
Alderman Plaza – Palm Harbor, FL
Corner of US 19 and Alderman Road
Palm Harbor, FL 34684
- Cap Rate:
- Rentable SQFT:
- 93,487 SF
- Year Built:
- 1986 / 2007
- Lot Size:
- 9.92 Acres
- Type of Ownership:
- Fee Simple
The NNN Fitness group of Marcus & Millichap is pleased to present this rare opportunity to purchase the Alderman Plaza shopping center with an LA Fitness anchor located in the Tampa, FL submarket of Palm Harbor. The offering is a 93,487-square-foot facility positioned just 24 miles Northwest of Downtown Tampa at the dominant intersection of US Highway 19 and Alderman Road with over 89,295+ combined traffic counts.
This property is 96.50% occupied with excellent visibility with pylon signage available on a hard, signalized corner. There are five access driveways with plenty of parking, and the excellent tenant mix brings a variety of different types of consumers to the area. An outparcel in an up-and-coming market is also included that has a two-lane drive through and its own dedicated signage.
Located within a dominant retail corridor, Alderman Plaza is near to many national retailers, including Publix, Walmart, LongHorn Steakhouse, O’Reilly Auto Parts, Ace Hardware, Jimmy Johns, Carabba’s Italian Grill, McDonalds, Walgreens, Pizza Hut, Stein Mart, Vitamin Shoppe, and Subway. Most commonly referred to as the “Tampa Bay Area”, the metropolis is the second largest metropolitan statistical area in the state composed of 2.9 million residents. Its port and international airport make it a popular and easily accessible destination in Florida. Tampa is located 18.7 miles from Saint Petersburg and 77 miles from Orlando.
All property showings are by appointment only. Please consult Mark Thiel of Marcus & Millichap for more details.
*Forecasted NOI for the year ending Dec 2020.
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