11930 State Road 54 | Odessa, FL 33556
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- LoopNet Team
11930 State Road 54
Odessa, FL 33556
Starbucks - Tampa-St. Petersburg MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The asset benefits from significant street frontage on the signalized, hard corner intersection of SR-54 (62,500 VPD) and Trinity Blvd (17,200 VPD)
- During Q2 2023, U.S. comparable store sales increased 12%, driven by a 6% increase in comparable transactions and a 6% increase in average ticket
- GAAP operating margin increase to 15.2% compared to 12.4% in the previous year
- Starbucks is positioned directly across from Starkey Ranch - a master planned community that includes home builders such as Tylor Morrison (630 homes)
- Opened 464 new stores in Q2 2023 (100+ in North America & 360+ internationally), 36,634 total locations
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,550 SF
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.11 AC
Zoning
MPUD
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 29-26-17-0120-00000-0080 | Improvements Assessment | $399,129 |
| Land Assessment | $1,191,660 | Total Assessment | $1,590,789 |
PROPERTY TAXES
Parcel Number
29-26-17-0120-00000-0080
Land Assessment
$1,191,660
Improvements Assessment
$399,129
Total Assessment
$1,590,789
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