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DURABLE INCOME STREAM: Tyrone Center is positioned with rents 44% below the average rent of other Tier 1 centers ($36.94/SF) currently listed for sale in the state of Florida.
FUTURE AREA DEVELOPMENT: The Sembler Company, a national grocery developer acquired the former Walmart box adjacent to the property in 2024, which combined with their previously acquired three adjacent parcels makes up an assemblage totaling 20.95 acres.
STRONG DEMOGRAPHICS: With a three-mile population over 90,000 and a three-mile average household income above, $102,000, the tenants of Tyrone Center enjoy a dense and affluent customer base.
Cap Rate
6.00%
NOI
$277,817
Year Built
2013
Occupancy
100%
Building SF
10,980
3 Mile HHI
$103,883
Units/Bays
3
Lot Size
1.35 Acres
3 Mile Pop
90,978
Property Features
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