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West Village Commons 5320 Ehrlich Rd

60,234 SF 94% Leased Retail Building Tampa, FL 33624 $17,580,000 ($292/SF) 7% Cap Rate

Investment Highlights

  • Located in Carrollwood, a top submarket in the Tampa MSA
  • Notable tenants at the center include United States Postal Services, Dollar Tree, Little Caesars, Dogtopia, and De’Dior Salon Studio
  • $124,829 average household income within a 1-mile radius
  • Shadow Anchored by EoS Fitness, 30th most visited fitness center in the country per Placer.ai
  • The center is located on the southwest corner of Ehrlich Road (32,500 AADT) and W Village Drive
  • 189,668 daytime population within a 5-mile radius

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
60,234 SF
Building Class
B
Year Built/Renovated
1985/2022
Price
$17,580,000
Price Per SF
$292
Cap Rate
7%
NOI
$1,230,611
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Land Acres
7.24 AC
Zoning
PD - Planned Development
Parking
570 Spaces (9.46 Spaces per 1,000 SF Leased)
Frontage
600 FT on W Village Dr

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 130
  • 3,677 SF
  • Retail
  • -
  • Now

Anchored by EOS Fitness, Join Tenants: Dollar Tree, Dogtopia, Sushimotion, Salon Suites, and Little Caesars. West Village Commons is located at the signalized intersection of Ehrlich Road and Turner Road, with close proximity to Dale Mabry Highway, Veterans Expressway, Carrollwood Village Community, Citrus Park, and Westchase. Site features three full access points, and two traffic signals. West Village Commons generates approximately 1.2 Million visits per year (Placer.ai, 2023).

Space Size Space Use Position Available
130 3,677 SF Retail - Now

130

Size
3,677 SF
Space Use
Retail
Position
-
Available
Now

130

Size 3,677 SF
Space Use Retail
Position -
Available Now

Anchored by EOS Fitness, Join Tenants: Dollar Tree, Dogtopia, Sushimotion, Salon Suites, and Little Caesars. West Village Commons is located at the signalized intersection of Ehrlich Road and Turner Road, with close proximity to Dale Mabry Highway, Veterans Expressway, Carrollwood Village Community, Citrus Park, and Westchase. Site features three full access points, and two traffic signals. West Village Commons generates approximately 1.2 Million visits per year (Placer.ai, 2023).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-06-28-18-ZZZ-000000-80680.0
Land Assessment
$2,882,605
Improvements Assessment
$5,717,495
Total Assessment
$8,600,100
  • Listing ID: 33882459

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 5320 Ehrlich Rd, Tampa, FL 33624

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