10165 Big Bend Rd
Riverview, FL 33578
Riverview Station · Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale this Riverview Station, a brand new 8,400-square-foot shopping center located in Tampa Bay MSA. The subject property is 100 percent leased with national and regional retail tenants including Orange Theory Fitness, Pizza Hut, Little Greek, Jersey Mikes Subs, and Thorntons is on a long-term NNN Ground Lease with more than 12 years remaining. The remaining tenants are signed to long-term leases with multiple option periods. The NNN lease structures position an investor a very low management, stable income stream for many years. Uniquely positioned within southeastern Hillsborough County and just East of the exit/entrance of Interstate 75, the subject property sees substantial traffic and exposure to commuters going to and from work in Tampa, Brandon and Saint Petersburg. Southeastern Hillsborough County has seen explosive growth over the last 10 years with the population increasing by more than 50 percent. With over 5,000 residential homes under development, and more on the horizon, southeastern Hillsborough and the area immediately surrounding Riverview Station is expected to see above average rent growth and demand in the near future. Riverview Station is situated between Bradenton and Tampa. Downtown Tampa, which is only 15 miles away, is undergoing a $3 billion expansion. The development in downtown Tampa known as Water Street, is expected to bring in several hundred thousand residents to the Tampa Bay market over the next decade and generate additional demand to the tenants at Riverview Station