12020 Anderson RdTampa, FL 33625

Property Details for 12020 Anderson Rd

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.18 AC

Property size (Sq ft)

99,388 SF

Zone code

PD

Property type

Retail properties

Property subtype

Super regional malls

APN

U072818ZZZ000000814600

APU

U072818ZZZ000000814600

Description

Westgate Plaza, located at 12020 Anderson Rd in Tampa, Florida (zip code 33625), offers exceptional retail space for lease. This prime commercial property boasts a total of 98,326 square feet, with multiple units currently available. Individual spaces range from a minimum of 1,173 square feet to a maximum contiguous space of 1,960 square feet, providing flexibility for various business needs. A total of 5,890 square feet is currently vacant and ready for immediate occupancy. The property is situated in Hillsborough County and benefits from high visibility and convenient access for customers. The multiple tenancy structure allows for a diverse range of businesses to thrive within the same complex. This is an excellent opportunity for businesses seeking a well-located, versatile retail space in a thriving Tampa market. The property's location offers easy access to major transportation routes, ensuring high foot traffic and convenient access for employees and customers alike. Interested parties are encouraged to inquire about available space and lease terms. The property is categorized as retail commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $26,949,090

  6.5%

  $24,876,084

  7%

  $23,099,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,741,100

  Geo Method

  $45,741,100

• Alternative Use

  Use

  Valuation

  Residential

  $20,983,908

  Hospitality

  $19,221,146

  Educational

  $15,991,768

  Medical

  $16,541,750

  Retail

  $24,876,084

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0602

Longitude

-82.5435

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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