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Corta Commons - Tampa (Lecanto) FL 1838 N Lecanto Hwy

6,273 SF 100% Leased Retail Building Lecanto, FL 34461 $5,675,000 ($905/SF) 5.65% Cap Rate

Investment Highlights

  • Three-Tenant Offering | Brand New Leases | Corporate and Franchisee Signed Leases | Scheduled Rental Increases
  • Across from the Shoppes at Black Diamond, a new 29-acre retail development anchored by Target
  • Part of Larger Retail Development | Across From Shoppes at Black Diamond | Off Signalized Intersection | Brand New Construction

Executive Summary

THREE-TENANT, TWO-BUILDING OFFERING | ACROSS FROM NEW TARGET ANCHORED RETAIL DEVELOPMENT

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,273 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
$5,675,000
Price Per SF
$905
Cap Rate
5.65%
NOI
$320,660
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Land Acres
1.09 AC
  • Listing ID: 32770580

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 1838 N Lecanto Hwy, Lecanto, FL 34461

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