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Highlights
- Two build-to-suit outparcels with proposed uses for a restaurant with drive-thru and a professional office.
- Ample on-site parking with 135 spaces, including six handicap spaces.
- Located along North Florida Avenue with visibility to 26,000 vehicles daily.
- Situated in a growing suburban market with strong demographics and proximity to major highways.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,060-5,160 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
16301-16331 N Florida Ave - 1st Floor
Lake Chapman Plaza presents an exceptional opportunity to acquire two build-to-suit outparcels within a thriving retail environment in Lutz, Florida. Positioned along North Florida Avenue, a major north-south corridor, the site benefits from strong visibility and a traffic count of approximately 26,000 vehicles per day. The property includes an existing 15,400-square-foot retail strip center that is 100% leased, providing immediate stability and synergy for future development. The offering features two proposed outparcels: Building B, a 4,060-square-foot restaurant with drive-thru capability, and Building C, a 5,161-square-foot professional office building. Both parcels are zoned CI, allowing for a range of commercial uses. The site provides ample parking with 135 spaces, including six handicap spaces, exceeding the required count for the planned improvements. Located in a high-growth suburban market north of Tampa, the property is surrounded by established residential neighborhoods, schools, and retail amenities, including a nearby Publix. Its proximity to major transportation routes such as the Suncoast Parkway enhances accessibility and positions the site for long-term success. With strong demographics and increasing residential development in the area, Lake Chapman Plaza offers investors and developers a prime opportunity to capitalize on sustained demand for retail and office space in the Tampa Bay region.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Lake Chapman Plaza
- Tenant
- Description
- US Locations
- Reach
- Goodwill
- Dollar/Variety/Thrift
- 5,435
- International
- Hound's Meow Helthy Pet Supplies
- -
- 1
- -
- Nail VIP
- Services
- 1
- -
- Quality Foods
- Restaurant
- 1
- -
- Station House BBQ
- Restaurant
- 1
- -
- Sunset Cleaners
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Goodwill | Dollar/Variety/Thrift | 5,435 | International |
| Hound's Meow Helthy Pet Supplies | - | 1 | - |
| Nail VIP | Services | 1 | - |
| Quality Foods | Restaurant | 1 | - |
| Station House BBQ | Restaurant | 1 | - |
| Sunset Cleaners | Services | 1 | - |
Property Facts
| Total Space Available | 5,160 SF | Frontage | 656’ on Florida |
| Min. Divisible | 4,060 SF | Gross Leasable Area | 18,580 SF |
| Center Type | Strip Center | Total Land Area | 2.78 AC |
| Parking | 50 Spaces | Year Built | 2007 |
| Center Properties | 1 |
| Total Space Available | 5,160 SF |
| Min. Divisible | 4,060 SF |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Center Properties | 1 |
| Frontage | 656’ on Florida |
| Gross Leasable Area | 18,580 SF |
| Total Land Area | 2.78 AC |
| Year Built | 2007 |
About the Property
The property consists of a retail strip center and two proposed outparcels located at 16331 North Florida Avenue in Lutz, Florida. The site encompasses approximately 2.83 acres and is zoned CI/CG. The existing retail building totals 15,400 square feet and was constructed in 2006. Proposed improvements include a 4,060-square-foot restaurant with a drive-thru and a 5,161-square-foot professional office building. The property provides 135 parking spaces and is located in Flood Zone X. The surrounding area includes residential neighborhoods, retail establishments, and access to major transportation routes.
- Pylon Sign
Nearby Major Retailers
Presented by
Lake Chapman Plaza | 16331 N Florida Ave
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