Trinity Tuscan Center is a Premier Complex built in 2008 and renovated in 2018 with 197,350 square feet of retail space. The complex is comprised of one and two story buildings with 48 available retail units and three stand alone buildings. The property is situated on 13.49 acres in the Trinity submarket of Pasco in the Tampa Bay area. This property is zoned for mixed use including Retail, Office, and Restaurant. The Center has excellent visibility and frontage on a main thoroughfare with daily traffic counts estimated at 20,000 with the expectation of steady expansion and increased demand in the area. Trinity Tuscan Center features Mediterranean-style architecture which is intended for upscale shopping and dining surrounded by a centrally located clock tower and open outdoor patio area, 118,000 square foot four-story parking garage with 389 spaces with an additional 452 parking accommodations throughout the complex, and a fully built space for bank tenant with drive thru lanes. Renovations are currently underway and expected to be complete in early 2019. The majority of the suites are partially built-out, allowing tenant to capture the space and finalize the design. The Landlord is providing a negotiable Tenant Improvement allowance. LOCATION This corridor of Pasco county is one of the fastest growing areas in the greater Tampa Bay region, and features a unique blend of development and mixed use spaces which are in close proximity to major interstate highways and metro areas, rail lines, and air transportation. The Trinity area is experiencing exponential growth and has become a destination for young professionals with average home values of $342,000. Additionally, the Trinity market reported an average household income in 2018 of $104,000 with an estimated 2% population growth rate from 2018-2023. The surrounding area is a unique blend of currently developing residential communities, open spaces, professional and medical centers, and nationally known restaurants and retailers. This property offers an excellent upside potential in this fast growing market. The owner and KW Commercial respectfully request that interested parties refrain from contacting any on-site tenants. All tours must be scheduled with one of the Commercial Advisors provided in this offering memorandum.
Key Points: Mediterranean Architecture Fully Renovated in 2019 Upscale Tenants Tenant Improvement Allowance 118,000 SF Parking Excellent Visibility from Trinity Blvd. and Little Rd. Upside Potential in Desirable Trinity Market
Lease Price: $25.00 per Square Foot.
Building Size: 197,359 SQ FT
Lot Size: 587624
Available Option 1: 2,788 SQ FT