Commercial property in Lutz, Florida 332.22 sq.m. № 2099499

Property description

Located minutes from Dale Mabry Highway and I-275, the property sits on 0.82 acre lot with direct frontage on Hwy 41, within a dense, established commercial corridor supported by a strong residential trade area, favorable demographics, and solid economic fundamentals. The 2-mile demographic ring shows a median household income of $130,215 and a median home value of $562,341 reflecting an established, high-income consumer base. Population and household growth trends in the area remain on an upward trajectory, with the 5-mile ring projecting 10.0% population growth and 9.9% household growth through 2030. US Highway 41 carries an average daily traffic count of approximately 33,500–34,000 vehicles directly in front of the property, providing consistent visibility to a high volume of passing commuter and consumer traffic. This property represents a value-add acquisition opportunity in the Northwest Tampa office/commercial submarket. The building is vacant, requires rehabilitation, and is priced at a significant discount to comparable performing assets in the corridor.