Property History
StripCenters.com is pleased to present a 100% Fee Simple strip center known as Tyrone Center in St. Petersburg, FL. This offer is comprised of 2 buildings on a single parcel, one, a 3,780 SF single tenant site home to ISI Fitness and the other a 7,200 SF multi-tenant building home to Aspen Dental and First Watch. Four reasons to acquire this property include:
Durable Income Stream: With an average rent of $25.65/SF, Tyrone Center is positioned with rents 44% below the average rent of other Tier 1 centers ($36.94/SF) currently listed for sale in the state of Florida.
Infill Location in Established Retail Corridor: Tyrone Center sits at the intersection Tyrone Blvd and Park St, which sees over 71,000 vehicles per day. The corridor is home to national retailers, Target, Walmart, Walgreens, Dollar Tree.
Strong Demographics: Few locations in Florida can match the strong surrounding demographics of Tyrone Center. With a three-mile population and a three-mile average household income both above 92,000, the tenants of Tyrone Center enjoy a dense and affluent customer base that will be attractive to both national and local retailers for years to come.
Future Area Development: Tyrone Center is directly in front of the Lighthouse Crossings Shopping Center. Formerly a Walmart anchored shopping center, the site is poised for redevelopment. The Sembler Company, a national grocery developer, headquartered in St. Petersburg, acquired the former Walmart box for $6,700,000 in 2024, which combined with their previously acquired three adjacent parcels makes up an assemblage totaling 20.95 acres of prime redevelopment land in the heart of the most densely populated county in Florida.
Call Kyle D’Souza at 689-666-9535 for More information.
Durable Income Stream: Tyrone Center is positioned with rents 44% below the average rent of other Tier 1 centers ($36.94/SF) currently listed for sale in the state of Florida.
Future Area Development: The Sembler Company, a national grocery developer acquired the former Walmart box adjacent to the property in 2024, which combined with their previously acquired three adjacent parcels, make up an assemblage totaling 20.95 acres.
Strong Demographics: With a three-mile population over 90,000 and a three-mile average household income above $102,000, the tenants of Tyrone Center enjoy a dense and affluent customer base.
Call Kyle D’Souza at 689-666-9535 for more information.
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