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33650 US Highway 19 N
Palm Harbor, FL 34684

Sprouts & Office Depot | Cheap Rent | FL · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
60,010 SF
Building Class
B
Year Built/Renovated
1997/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
7.28 AC
Zoning
CP1, Pinellas - Commercial Parkway
Parking
299 Spaces (4.98 Spaces per 1,000 SF Leased)

About 33650 US Highway 19 N , Palm Harbor, FL 34684

– Sprouts Farmers Market (NDAQ: SFM) is one of the nation’s top natural organic retailers with more than 335 stores across 21 states and is one of the fastest-growing, upscale supermarket concepts with a focus on health. SFM has been opening approximately 30 stores per year, on average. – Office Depot is only paying $8.97/SF for 27,531 SF while Sprouts Farmers Market is paying $12.25/SF for 32,479 SF. Professionally managed and maintained property with unmatched visibility and identity at the corner of Nebraska Avenue and US-19 which has combined traffic counts of nearly 100,000 vehicles per day. – There are over 181,000 residents in a 5-mile radius while the average household incomes exceed $91,000 in the 3 and 5-mile radius, curtailing to the target demographic for Sprouts, in particular. – given the density of the corridor and surrounding area, this is essentially a land-locked area, making it extremely difficult for tenants to relocate or for new competition to penetrate the market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-28-16-65624-000-0010
Land Assessment
$2,213,093
Improvements Assessment
$5,526,907
Total Assessment
$7,740,000
  • Listing ID: 17718714

  • Date on Market: 11/14/2019

  • Last Updated:

  • Address: 33650 US Highway 19 N, Palm Harbor, FL 34684

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