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The Learning Experience - Lithia FL 16232 Bayberry Glen Dr

10,608 SF Retail Building Lithia, FL 33547 £3,561,546 (£336/SF) 6.50% Net Initial Yield

Investment Highlights

  • Next to FishHawk Ranch, a neighborhood center anchored by Publix
  • The asset is ideally fronting Fishhawk Blvd averaging 28,500 VPD
  • The Learning Experience is positioned near several single-family home developments, providing a direct consumer base to draw from

Executive Summary

Next to High-Performing Publix (Top 74% Nationwide via Placer.ai) | Nearby Residential Developments

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
10,608 SF
Building Class
C
Year Built/Renovated
2013/2016
Price
£3,561,546
Price Per SF
£336
Net Initial Yield
6.50%
NOI
£231,512
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Land Acres
1.47 AC
Zoning
PD - planned development
Parking
38 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
271 ft on Fishhawk Boulevard

Nearby Major Retailers

Bank of America
Premier Martial Arts
Starbucks
Publix
Snap Fitness 24/7
Fifth Third Bank
Outback Steakhouse
Truist
Anytime Fitness
Winn-Dixie

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-21-30-21-9IN-000000-00004.0
Land Assessment
£650,460
Improvements Assessment
£1,159,796
Total Assessment
£1,810,256
  • Listing ID: 33552501

  • Date on Market: 17/10/2024

  • Last Updated:

  • Address: 16232 Bayberry Glen Dr, Lithia, FL 33547

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