19651 Bruce B Downs BlvdPebble Creek, FL 33647

Property Details for 19651 Bruce B Downs Blvd

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.20 AC

Property size (Sq ft)

40,425 SF

Zone code

PD

Property type

Retail properties

Property subtype

Strip malls

APN

U072720ZZZ000001888000

APU

U072720ZZZ000001888000

Description

This exceptional retail center, the Pebble Creek Collection, offers 44,390 square feet of leasable space across three single-story buildings situated on 5.2 acres of land in Tampa, Florida's Northeast submarket. Built in 1990 and renovated in 2008, the property boasts 189 parking spaces and enjoys high visibility on Bruce B Downs Boulevard, with convenient access from Pebble Creek Drive. The center benefits from a high traffic count of approximately 43,000 vehicles per day, strategically located near significant traffic generators including Pebble Creek Country Club, a Walmart Supercenter, Wharton High School, Pasco-Hernando College, and Wiregrass Mall. Anchor tenants such as Circle K/Chevron, Hungry Crab, and Once Upon a Child contribute to a thriving retail environment. The property is zoned PD-MU and is surrounded by established residential communities including Cross Creek, Live Oak, West Meadows, and Pebble Creek, ensuring a strong customer base. Pylon signage is available, enhancing visibility and marketing opportunities. This prime New Tampa location sits conveniently between I-75 and Wiregrass Mall, offering unparalleled accessibility. On-site owners ensure attentive management and maintenance. The property's address is 19651 Bruce B Downs Blvd, Tampa, FL 33647.

• CAP approach

  CAP return

  Valuation

  6%

  $11,997,016

  6.5%

  $11,074,169

  7%

  $10,283,157

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,604,700

  Geo Method

  $18,604,700

• Alternative Use

  Use

  Valuation

  Residential

  $9,341,476

  Hospitality

  $8,556,742

  Educational

  $7,119,108

  Medical

  $7,363,946

  Retail

  $11,074,169

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.1525

Longitude

-82.3525

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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