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29787091
29787090

6442 Land O' Lakes Blvd, Land O' Lakes, FL 34638

JL
FL SL3510801
Matthews
AH
FL SL357790
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews
$4,448,439
110 days on market
Updated 73 days ago

Jallo Plaza

Details
APN 01-26-18-0000-00800-0020
Property Type Retail
Sub Type Shopping Center, Strip Center
Square Footage 13,823
Net Rentable (SqFt) 13,823
Units 7
Cap Rate 6.05%
NOI $269,337
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Year Built 2010
Buildings 1
Stories 1
Acreage 1.260
Zoning C2
Parking Spaces 70 spaces
Parking Per SqFt 5.06
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

Tampa MSA | Fully Leased Strip Center | 7-Tenants

Investment highlights

Property Highlights

  • Minimal Landlord Responsibilities – The asset is currently 100% occupied by 7 tenants, with 6 operating under NNN leases, resulting in limited ongoing management and expense exposure.

  • Diversified Tenant Mix – The center features a balanced blend of boutique retail, food service, and fitness uses, reducing reliance on any single tenant or industry.

  • Stabilized, Fully Leased Asset – 100% Occupancy provides immediate, in-place cash flow from day one with no near-term leasing risk.

  • Management Fee Reimbursement – Five tenants have leases that provide for reimbursement of a management fee, resulting in limited landlord involvement and improved cash flow efficiency.

  • Excellent Visibility & Traffic – Positioned on Land O’ Lakes Blvd, a major north–south arterial, the property sees approximately ±40,500 VPD, reinforcing long-term tenant demand.

  • Strong Retail Synergy – Located just south of large national retailers such as Publix, Culver’s, Mcdonald’s, Wendy’s, Taco Bell, Truist, and many more.

  • High-Growth, Affluent Trade Area – The center is situated within a rapidly expanding market, with population growth averaging 3.3% annually from 2020 to 2024 and projected to accelerate to 4.2% annually through 2029. The surrounding 3-mile trade area supports strong consumer spending, with average household incomes of approximately $122,800.

Listing Contacts

JL
FL SL3510801
Matthews
AH
FL SL357790
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$269,337.00
$22,444.75/mo

Valuation Metrics

0
DSCR
6.05%
Cap Rate
6.05%
ROI

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Jake Lurie
License
SL3510801
Name
Aiden Hawkins
License
SL357790
Name
Andrew Doerr
License
SL3579687 (FL)
Brokerage
3579687
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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