33650 US Highway 19 N
Palm Harbor, FL 34684
Sprouts & Office Depot | Cheap Rent | FL · Retail Property For Sale

– Sprouts Farmers Market (NDAQ: SFM) is one of the nation’s top natural organic retailers with more than 335 stores across 21 states and is one of the fastest-growing, upscale supermarket concepts with a focus on health. SFM has been opening approximately 30 stores per year, on average. – Office Depot is only paying $8.97/SF for 27,531 SF while Sprouts Farmers Market is paying $12.25/SF for 32,479 SF. Professionally managed and maintained property with unmatched visibility and identity at the corner of Nebraska Avenue and US-19 which has combined traffic counts of nearly 100,000 vehicles per day. – There are over 181,000 residents in a 5-mile radius while the average household incomes exceed $91,000 in the 3 and 5-mile radius, curtailing to the target demographic for Sprouts, in particular. – given the density of the corridor and surrounding area, this is essentially a land-locked area, making it extremely difficult for tenants to relocate or for new competition to penetrate the market.