Town Plaza 

1846 62nd Avenue North | Saint Petersburg, FL 33702

Highlights

  • 98 Percent Occupied by Established Local and Regional Tenant

  • Long Term Leases - Only 3.9 Percent of the GLA Expiring in the Next Two Years

  • Majority of Tenants are on Net Leases

  • Recently Updated Roof and Parking Lot

  • Located One Mile From Interstate 275, Which Has a Daily

  • Traffic Count of 150,500

  • Population of 260,054 Within a Five-Mile Radius

Contact Brokers

James Garner

Senior Investment Advisor
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

Description

Marcus & Millichap is pleased to offer for sale this 67,154

square-foot shopping center located in Saint Petersburg, Florida. Town Plaza sits on 5.16 acres of commercial land and is 98 percent occupied with national retail tenants including Save-A-Lot and Dollar General. Town Plaza is located on 62nd Avenue North (20,000 vehicles per day) and is one mile from Interstate 275 (150,500 vehicles per day).

Jim Shiebler
Senior Investment Advisor
Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780

Location

Town Plaza is located in Saint Petersburg, the largest city in Pinellas County, with a population of over 260,000 residents. Saint Petersburg is just 20 minutes west of the city of Tampa, which is home to over 377,000 residents and combined make up the Tampa Bay MSA.

The average household income and median age within a one-mile radius of the property, respectively, is $54,000 and 43 years. This property provides easy access to Saint Pete-Clearwater International Airport, University of South Florida - Saint Petersburg Campus, Tropicana Field and downtown Saint Petersburg with world-class museums, retail, business district, and residential highrises.

© 2020 Medefind Retail. All Rights Reserved