Riverview Town Centre

Tampa MSA, Florida

Shadow Anchored Retail Strip Center

  • $9,360,000

    ASKING PRICE

  • $725,864

    NOI

  • 7.75%

    CAP RATE

  • 46,002

    SF

  • $203.47

    $/SF

Highlights

Riverview Town Centre is a shadow anchored retail strip center located in Tampa, FL within the Riverview submarket of Hillsborough County. The property is approx. 5.72 acres. Constructed in 2006, Riverview Town Centre is a 46,000 square foot, shadow anchored retail strip consisting of concrete block construction. This asset includes a diverse range of internet resistant and service base uses with a stable operating history. Riverview Town Centre is conveniently located on the Southwest Quadrant of US Highway 301 & Gibsonton Drive which includes a combined traffic count of over 65,000 cars daily.

The plaza is shadow anchored to Lowes and benefits from a strong trade corridor which includes CVS, Walgreens, Wawa, Save A Lot, Beall’s Outlet, 7-Eleven and McDonalds all within ¼ mile from the property. This area has experienced explosive residential growth over the last 10 years with over 2,000 homes currently under construction. The center benefits from a strong population base of over 71,000 people with an average household income of over $85,000 dollars within a 3-mile radius.

Aerial Overview

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Contact Us

Jeffrey Dervech, CCIM President
(813) 766-9639
jdervech@dervechre.com

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