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15 Thriftway Plaza 107 7th Ave NE

22,500 SF 47% Leased Retail Building Ruskin, FL 33570 $4,600,000 ($204/SF) 6.10% Cap Rate

Investment Highlights

  • Provides Income and mixed-use opportunity, while getting site plan approval.
  • Existing 30k SF foundation in place for additional space.
  • Zoning by matter of right. RTC 1

Executive Summary

4 Parcels, add up to 5.5 Acres in Ruskin Town Center! New Roof, New parking stripping, 100 % Leased. Zoned RTC 1, which provides for a considerable amount of uses, by right! Includes the ability to develop & build 118 MF units. Density Bonus by Hillsborough County (20%) for affordable or workforce project. RTC zoning has a provision where the parking requirements could be reduced, (please see attached zoning in attachments).
Existing 30k sf Foundation in place for retail/office/etc. expansion.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,500 SF
Building Class
C
Year Built/Renovated
1972/2016
Price
$4,600,000
Price Per SF
$204
Cap Rate
6.10%
NOI
$280,500
Percent Leased
47%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
5.50 AC
Zoning
RTC-1 - Ruskin Town Center RTC 1 (please see attached)
Parking
162 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
371 FT on 1st

Amenities

  • Corner Lot
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 83
  • 12,000 SF
  • Retail
  • End Cap
  • Now

Prime retail space, 12,000 sf available, abundant parking, two rear loading doors, plenty of power, newer AC, New roof and parapet, more improvements happening soon! Modified Gross lease.

Space Size Space Use Position Available
83 12,000 SF Retail End Cap Now

83

Size
12,000 SF
Space Use
Retail
Position
End Cap
Available
Now

83

Size 12,000 SF
Space Use Retail
Position End Cap
Available Now

Prime retail space, 12,000 sf available, abundant parking, two rear loading doors, plenty of power, newer AC, New roof and parapet, more improvements happening soon! Modified Gross lease.

Nearby Major Retailers

Winn-Dixie
Fifth Third Bank
Publix
StretchLab
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-05-32-19-1V5-000000-00008.0
Land Assessment
$247,950
Improvements Assessment
$58,679
Total Assessment
$306,629
  • Listing ID: 33042660

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 107 7th Ave NE, Ruskin, FL 33570

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