NORTH MIAMI BEACH, Fla. (August 16, 2016)— Tiktin Real Estate Investment Services has been named exclusive sales agent for Bay Plaza, a 38,219 SF retail plaza in Tampa, Florida. Adam J. Tiktin, president, and Justin Spiller, associate, are heading the assignment on behalf of the building’s ownership.
Located at 5737 Sheldon Road on a 4.09-acre parcel, Bay Plaza is currently 98% occupied with 22 tenants, the largest being JSA Healthcare Corporate and La Hacienda Restaurant. Tenants within this neighborhood center operate under gross leases, and these leases are being converted to net leases as they come due.
Bay Plaza is located in one of the most sought after retail corridors in Tampa with numerous national tenants in the surrounding area, including Publix, Home Depot, Starbucks and Wells Fargo. The site offers excellent visibility with high traffic exposure in excess of 28,000 cars per day and is located just 6.4 miles from Tampa International Airport.
Bay Plaza is on the market for $5,190,000. For more information, call (305) 363-4750 or (844) 4-TIKTIN or visit www.tiktinrealestate.com.