This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

932 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Shoppes at Cypress Creek 24791 State Road 54

7,200 SF 100% Leased Retail Building Lutz, FL 33559 $5,035,000 ($699/SF) 6% Cap Rate

Retail Buildings Florida Lutz 24791 State Road 54, Lutz, FL 33559

Investment Highlights

  • New 2024 construction lowers the likelihood of the need for landlord capital expenditures over the next several years
  • The property is located on State Road 54, a primary thoroughfare in Lutz, FL with an AADT of 72,000
  • 17,545 households within a 3-mile radius
  • All three executed leases have 10 years of term with two of the leases having two 5-year options and one having one 5-year option
  • Located adjacent to other new construction, including a Woodie’s Wash Shack and a Take 5 Oil Change, providing additional traffic to the retail center
  • 46,938 population within a 3-mile radius

Attachments

RIPCO-Shoppes at Cypress Creek-OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
B
Year Built
2024
Price
$5,035,000
Price Per SF
$699
Cap Rate
6%
NOI
$302,118
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.97 AC
Zoning
C-2 - Commercial
Parking
43 Spaces (5.97 Spaces per 1,000 SF Leased)
Frontage
165 FT on State Road 54
1 of 1

Nearby Major Retailers

Fazoli's
Chicken Salad Chick
Miller's Ale House
Aldi
MOD Pizza
Navy Federal Credit Union
Starbucks
Bonefish Grill
Walk-On's
Cheddar's

PROPERTY TAXES

Parcel Number 28-26-19-0010-00000-0370 Improvements Assessment $0
Land Assessment $991,400 Total Assessment $991,400

PROPERTY TAXES

Parcel Number
28-26-19-0010-00000-0370
Land Assessment
$991,400
Improvements Assessment
$0
Total Assessment
$991,400
(727) 452-6864

Contacts

  • Listing ID: 33826433

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 24791 State Road 54, Lutz, FL 33559

More public record information on 24791 State Road 54, Lutz, FL 33559

The Retail Property at 24791 State Road 54, Lutz, FL 33559 is currently available for sale. Contact Ripco Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/6
24791 State Road 54, Lutz, FL for sale Primary Photo- Image 1 of 6
CypressWeb1
24791 State Road 54, Lutz, FL for sale Building Photo- Image 2 of 6
CypressWeb2
24791 State Road 54, Lutz, FL for sale Building Photo- Image 3 of 6
CypressWeb3
24791 State Road 54, Lutz, FL for sale Building Photo- Image 4 of 6
CypressWeb4
24791 State Road 54, Lutz, FL for sale Building Photo- Image 5 of 6
CypressWeb5

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Shoppes at Cypress Creek | 24791 State Road 54
(727) 452-6864 x

Shoppes at Cypress Creek | 24791 State Road 54

1/2

Ari Ravi

(727) 452-6864

(727) 452-6864

Nathan Timmons

(813) 921-5643

(813) 921-5643

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link