Palm Plaza 

1035 Hasko Road | Palmetto, Florida 34221

Contact Brokers

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Evan Cannan
Investment Advisor 
Evan.Cannan@MarcusMillichap.com
(C) (727) 480-1362 

(O) (813) 387-4765
FL #SL3433461

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com

(O) 813-387-4788
FL #SL3216834

Highlights

  • Palm Plaza is located one parcel off of the hard signalized corner of 10th St and Tamiami Trail which sees a combined traffic count of 80,000 VPD.

  • The property is shadow anchored by a high performing Walmart which increases activity on a daily basis.

  • Excellent Demographics - median household net worth of over $100,000 within a 5-mile radius and more than 150,000 residents.

  • The property presents opportunity to add significant value through re-structuring of gross leases.

  • Sarasota and Manatee counties rank as the 10th fastest growing metropolitan area in the United States, with Palm Plaza being located directly on the sought-after Gulf Coast.

  • The property is located 1 mile from Bel Mare at Riviera Dunes which consists of 150 high profile, waterside condominiums.

Description

Marcus & Millichap is pleased to exclusively offer for sale Palm Plaza, a 9,610-square-foot shopping center located in the submarket of Palmetto, FL. The subject property is 100 percent leased and shadow anchored by a high performing Walmart which increases activity on a daily basis. The property presents opportunity to add significant value through re-structuring of gross leases. With a median household net worth of over $100,000 within a 5-mile radius and more than 150,000 residents, Palm Plaza has ideal demographics for long term, stable occupancy in a market with an undersupply of retail space. The subject property is located in Manatee county, just north of Sarasota County. These counties rank as the 10th fastest growing metropolitan area in the United States, with Palm Plaza being located directly on the sought-after Gulf Coast.