For Sale View Offering Memorandum

Trinity Commons Retail Center

7813 Mitchell Blvd, New Port Richey, FL 34655

Property Stats

GSF29,232
TypeRetail
Sub-typeRetail - Other
Use TypeInvestment
Lot SizeNeighborhood retail center
MSATampa-St. Petersburg-Clearwater
Year Built2005

Property Details

Property Description

Trinity Commons is a 13 unit, retail strip center on Mitchell Boulevard, between Seven Springs Boulevard and Little Road in the Trinity area of Pasco County. Trinity Commons offers suites ranging in size from 1,400 SF to 4,200 SF, totaling 25,200 rentable square feet. The center is 95% leased up by tenants who offer a strong mix of dining, shopping, professional services and entertaining activities.A number of new residential and mixed-use developments are progressing nearby, adding several hundred housing units to the immediate area, and contribute to additional commercial opportunities.

Highlights

  • 25,200± SF shopping center
  • Highly visible building & monument sign
  • Strong demographics & high growth area
  • 955 Occupied, 8% Cap Rate
  • Attractive, well-maintained Trinity site

Property Map

Additional Info

  • Number of Floors: 1
  • Under Construction: No
  • Building Class: B
  • RSF: 25,200
  • USF: 25,200
  • Acres: 0.86

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.