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Investment Highlights

  • SINGLE TENANT RETAIL PROPERTY FOR LEASE OR SALE: 3,200-SF former financial service retailer on a 0.63 acre lot.
  • LANDSCAPED PARKING LOT: Fully lit parking area with 18 surface parking spaces, two points of ingress and egress and lighted sign.
  • STRONG TRAFFIC LOCATION: Located along CR-54/Pure Water Way, seeing over 17,300 Vehicles per day (VPD).
  • FOR LEASE - 5 YEAR NNN LEASE WITH TWO 5 YEAR OPTIONS: Asking rent of $30/SF NNN.
  • OUTPARCEL TO GROCERY ANCHORED SHOPPING CENTER: Located in Zephyrhills Plaza shopping center anchored by Save a Lot with a mix of national tenants.
  • DENSE RETAIL AND RESIDENTIAL CORRIDOR: Near multiple national tenants and Anchored by Save-A-Lot

Executive Summary

The subject property is a 3,200-square-foot single-tenant retail building (a former Amscot) available for sale or lease, located at 36640 CR 54 in Zephyrhills, Florida. Situated on a 0.63-acre lot, the property operates as an outparcel to the Save a Lot-anchored Zephyrhills Plaza and benefits from high visibility along the busy SR-54 corridor, which experiences daily traffic counts of over 17,300 vehicles. As a vacant asset, it is offered for sale at a list price of $1,371,000, or for lease at an asking rate of $30.00/SF NNN ($96,000 annually) under a 5-year initial term featuring two 5-year renewal options with 10% rental increases. The asset is positioned within a dense, growing retail and residential market supported by strong demographics, including a 5-mile population exceeding 85,300 residents that is projected to grow by more than 10% by 2030.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Building Size
3,200 SF
Building Class
B
Year Built
2006
Price
$1,371,000
Price Per SF
$428.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
C2 - General Commercial District

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,200 SF
  • Retail
  • -
  • Sep 2026

Available under a five-year NNN lease with two additional five-year renewal options, this 3,200-square-foot retail space provides high visibility in an established, high-traffic retail corridor. The property is an outparcel to Zephyrhills Plaza, anchored by Save A Lot and featuring a strong mix of national and local tenants. The space boasts a fully built-out configuration suitable for numerous retail uses, supported by a landscaped parking area with 18 spaces and dual entry/exit points. Its location along SR-54 (Pure Water Way) ensures exposure to more than 17,300 vehicles daily and proximity to major retailers such as CVS, Walgreens, 7-Eleven, Dunkin, and Ace Hardware. Exceptional regional connectivity and strong surrounding demographics add significant value, making this an ideal choice for businesses seeking a prominent position in a growing market.

Space Size Space Use Position Available
1st Floor 3,200 SF Retail - Sep 2026

1st Floor

Size
3,200 SF
Space Use
Retail
Position
-
Available
Sep 2026

1st Floor

Size 3,200 SF
Space Use Retail
Position -
Available Sep 2026

Available under a five-year NNN lease with two additional five-year renewal options, this 3,200-square-foot retail space provides high visibility in an established, high-traffic retail corridor. The property is an outparcel to Zephyrhills Plaza, anchored by Save A Lot and featuring a strong mix of national and local tenants. The space boasts a fully built-out configuration suitable for numerous retail uses, supported by a landscaped parking area with 18 spaces and dual entry/exit points. Its location along SR-54 (Pure Water Way) ensures exposure to more than 17,300 vehicles daily and proximity to major retailers such as CVS, Walgreens, 7-Eleven, Dunkin, and Ace Hardware. Exceptional regional connectivity and strong surrounding demographics add significant value, making this an ideal choice for businesses seeking a prominent position in a growing market.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
16-26-21-0010-00400-0030
Land Assessment
$178,530
Improvements Assessment
$343,964
Total Assessment
$522,494
  • Listing ID: 41208027

  • Date on Market: 7/8/2026

  • Last Updated:

  • Address: 36640 Pure Water Way, Zephyrhills, FL 33541

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