25426 Sierra Center Blvd
Lutz, FL 33559
25426 Sierra Center Blvd, Lutz, FL · Retail Property For Sale
Property Facts
About 25426 SIERRA CENTER BLVD , LUTZ, FL 33559
• Irreplaceable location at the main signalized entrance to the 500,000 SF Tampa Premium Outlets, Costco, and Cypress Creek Town Center • Super-Regional trade area with convenient access to I-75 and I-275 • Best in class, E-Commerce resistant tenant mix • Brand new, class A construction with 10-year roof warranty • 10-year leases with renewal options and 10% fixed rental increases • Tenants reimburse for CAM, taxes, insurance and administration fees • Affluent trade area with 4% annual population growth • Purchase price is fully depreciable (land is on a 99-year ground lease) boosting after-tax returns • Ground lessee benefits from a Right of First Refusal should the ground lessor decide to sell the fee interest in the land • Florida is a tax-free state
Property Taxes
| Parcel Number | 27-26-19-0060-00000-0025 | Improvements Assessment | $4,044,530 |
| Land Assessment | $1,534,980 | Total Assessment | $5,579,510 |
Property Taxes
