west bay village investment for...

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SALE OVERVIEW PROPERTY DESCRIPTION SVN is proud to exclusively present WEST BAY VILLAGE , A Neighborhood Shopping Center consist of two, one-story multi-tenant shopping center buildings with 100% occupancy. Constructed in 2004. Combined, the two buildings contain approximately 21,113 square feet of enclosed building area and 21,768 square feet of rentable area,. Offering an attractive Investment Opportunity with upside potential and future Mixed use Redevelopment. 100% Occupied and located in Florida No State Income. Addtl Info: Seller occupies Evermore Cafe as tenant and owns all equipment & FFE. Buyer will own all FF&E assets included in sale on Irie Fire Grill, list available as Due Diligence. SALE PRICE: $2,995,000 CAP RATE: 7.6% NOI: $227,897 LOT SIZE: 1.1 Acres BUILDING SIZE: 21,768 SF CEILING HEIGHT: 14.0 FT YEAR BUILT: 2004 ZONING: MUC – Mixed Use Corridor MARKET: Tampa SUB MARKET: Largo CROSS STREETS: W Bay Drive & 4th St SW 201-351 West Bay Drive, Largo, FL 33770 WEST BAY VILLAGE INVESTMENT FOR SALE FOR SALE | RETAIL All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ALI MUSHTAQ Senior Advisor 407.982.3976 [email protected] FL #SL3039910 T. C. CHEN Senior Advisor 407.948.2532 [email protected] FL #BK658200 svnflorida.com

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Page 1: WEST BAY VILLAGE INVESTMENT FOR SALEimages3.loopnet.com/d2/MJdkbRbihwk1F7-y-dgtYS83f0z5p86YTFC5… · LOT SIZE: 1.1 Acres BUILDING SIZE: 21,768 SF CEILING HEIGHT: 14.0 FT YEAR BUILT:

SALE OVERVIEW PROPERTY DESCRIPTION

SVN is proud to exclusively present WEST BAY VILLAGE , A NeighborhoodShopping Center consist of two, one-story multi-tenant shopping centerbuildings with 100% occupancy. Constructed in 2004. Combined, the twobuildings contain approximately 21,113 square feet of enclosed building areaand 21,768 square feet of rentable area,.Offering an attractive Investment Opportunity with upside potential andfuture Mixed use Redevelopment. 100% Occupied and located in Florida NoState Income.

Addtl Info: Seller occupies Evermore Cafe as tenant and owns all equipment& FFE. Buyer will own all FF&E assets included in sale on Irie Fire Grill, listavailable as Due Diligence.

SALE PRICE: $2,995,000

CAP RATE: 7.6%

NOI: $227,897

LOT SIZE: 1.1 Acres

BUILDING SIZE: 21,768 SF

CEILING HEIGHT: 14.0 FT

YEAR BUILT: 2004

ZONING: MUC – Mixed UseCorridor

MARKET: Tampa

SUB MARKET: Largo

CROSS STREETS: W Bay Drive & 4th StSW

201-351 West Bay Drive, Largo, FL 33770

WEST BAY VILLAGE INVESTMENT FOR SALE

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ALI MUSHTAQ

Senior [email protected] #SL3039910

T. C. CHEN

Senior [email protected] #BK658200

svnflorida.com

Page 2: WEST BAY VILLAGE INVESTMENT FOR SALEimages3.loopnet.com/d2/MJdkbRbihwk1F7-y-dgtYS83f0z5p86YTFC5… · LOT SIZE: 1.1 Acres BUILDING SIZE: 21,768 SF CEILING HEIGHT: 14.0 FT YEAR BUILT:

201-351 West Bay Drive, Largo, FL 33770

WEST BAY VILLAGE INVESTMENT FOR SALE

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ALI MUSHTAQ

Senior [email protected] #SL3039910

T. C. CHEN

Senior [email protected] #BK658200

svnflorida.com

Page 3: WEST BAY VILLAGE INVESTMENT FOR SALEimages3.loopnet.com/d2/MJdkbRbihwk1F7-y-dgtYS83f0z5p86YTFC5… · LOT SIZE: 1.1 Acres BUILDING SIZE: 21,768 SF CEILING HEIGHT: 14.0 FT YEAR BUILT:

201-351 West Bay Drive, Largo, FL 33770

WEST BAY VILLAGE INVESTMENT FOR SALE

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ALI MUSHTAQ

Senior [email protected] #SL3039910

T. C. CHEN

Senior [email protected] #BK658200

svnflorida.com

Page 4: WEST BAY VILLAGE INVESTMENT FOR SALEimages3.loopnet.com/d2/MJdkbRbihwk1F7-y-dgtYS83f0z5p86YTFC5… · LOT SIZE: 1.1 Acres BUILDING SIZE: 21,768 SF CEILING HEIGHT: 14.0 FT YEAR BUILT:

201-351 West Bay Drive, Largo, FL 33770

WEST BAY VILLAGE INVESTMENT FOR SALE

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ALI MUSHTAQ

Senior [email protected] #SL3039910

T. C. CHEN

Senior [email protected] #BK658200

svnflorida.com

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 14,113 105,125 243,971

MEDIAN AGE 46.7 46.9 45.9

MEDIAN AGE (MALE) 44.5 45.2 44.4

MEDIAN AGE (FEMALE) 48.2 48.5 47.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 6,698 47,664 104,309

# OF PERSONS PER HH 2.1 2.2 2.3

AVERAGE HH INCOME $48,375 $53,184 $57,414

AVERAGE HOUSE VALUE $154,420 $203,089 $225,941