
GRAND TRINITY PLAZA
7.83% Cap | $1.3M NOI | $16.65M | Tampa Bay MSA Shopping Center
Marketing description
Mazi Realty is proud to present Grand Trinity Plaza, a distinguished 82,074 SF shopping center
located in the thriving New Port Richey submarket, just north of Tampa, FL — within one of Pasco County's most active retail growth corridors. The center is currently leased to 18 established NNN tenants, anchored by long-term national operators including Powerhouse Gym and USPS, both of which serve as consistent traffic drivers. The property is strategically positioned along Little Road, one of Pasco County's busiest commercial arteries, with 40,000+ vehicles per day and over 750 feet of frontage. Four entry points on Little Road plus a side entrance on CR 54 provide seamless access. In addition to a forward Year 1 NOI of $1,303,211, Grand Trinity Plaza offers significant upside. The Cadence Bank outparcel presents a near-term redevelopment opportunity, and below-market in place rents across the inline tenant mix support additional mark-to-market upside through the institutional hold.
Investment highlights
- Mix of National and Local Tenants
- Recession & E-Commerce Resistant Tenant Mix
- Ability To Push Under-Market Rates
- Grand Trinity Plaza Boasts Incredible Frontage with over 750 Feet Along Little Road
- Stable Cash Flow With Significant NOI Growth
- Four (4) Entrances On Little Road And One (1) Side Entrance On Cr 54
- Strong Operating History, With Substantial Upside Potential
- Excellent Visibility With High Traffic Count
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