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12504-12640 US Highway 301
Dade City, FL 33525
Morningside Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
67,420 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
10.38 AC
Zoning
CG - 01600 - Shopping Centers Community
Parking
492 Spaces (6.55 Spaces per 1,000 SF Leased)
Frontage
800’ on US 301

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Energy Star Labeled

ABOUT 12504-12640 US HIGHWAY 301 , DADE CITY, FL 33525

A unique opportunity to acquire a 75,155 Walmart Shadow Anchored Center below replacement cost. With some existing National Retail Tenants in place, the purchaser has an excellent opportunity to create value with a redevelopment & leasing plan. Morningside Plaza located 12634 US Highway 301 in Dade City, FL, is a 75,155 square foot shopping center. Constructed in 1985 and anchored by Kash N Karry and CVS, the center has long been established in the local community. The property is conveniently located along US Highway 301 and benefits from daily traffic counts of over 32,000 vehicles. The property is shadow anchored by a Wal-Mart that creates additional pedestrian traffic for the shopping center. There are a mix of national and local tenant in this major regional corridor.The former anchor grocery space offers dock high loading ramps that are ideal for a pet store, hobby store, hardware, or ethnic grocer. A redevelopment of the anchor space into other uses will benefit the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-25-21-0000-00600-0000
Land Assessment
$1,092,750
Improvements Assessment
$2,834,241
Total Assessment
$3,926,991
  • Listing ID: 4834148

  • Date on Market: 11/7/2016

  • Last Updated:

  • Address: 12504-12640 US Highway 301, Dade City, FL 33525

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