Heart of Temple Terrace: 1.75 +/- AC Retail Development Opportunity

Highlights:

• Zoned Commercial General for versatile development opportunities
• 350' frontage with direct exposure to N 56th Street
• High traffic volume of 40K daily average for maximum visibility
• Ideal for restaurant or retail targeting USF, Busch Gardens, and Moffitt markets
• Positioned for future growth with City of Temple Terrace plans
• Future land use designated as Downtown Mixed Use (DMU-35)
• Nearby retail proof of concept with rents $32-$35/SF

Description:

Uncover an exceptional retail opportunity in the heart of Temple Terrace, FL, at this prime property zoned Commercial General. Boasting 350' frontage along the high-traffic N 56th Street, this site offers unparalleled exposure with a daily average traffic volume of 40K. Positioned to draw from the nearby USF, Busch Gardens, and Moffitt medical markets, it presents a compelling prospect for retail or restaurant development. With the City of Temple Terrace planning for multimodal mobility and pedestrian connectivity, this property aligns with the area's future growth. Take advantage of this outstanding location and the potential for retail success, zoned CG with future land use designated as Downtown Mixed Use (DMU-35).

Discover an exciting retail development opportunity in Temple Terrace, FL. The location offers access to a diverse and growing market, with convenient proximity to major thoroughfares and popular neighborhoods. Nearby points of interest include the University of South Florida, Busch Gardens, Moffitt Medical and the Museum of Science and Industry. With a flourishing local economy and a strong influx of visitors, the area presents an enticing prospect for retail-pad and land investors. Take advantage of this prime location to capitalize on the dynamic Tampa market and establish a successful retail presence.

The City of Temple Terrace initiated the development of a Pedestrian Master Plan for the Southeast Quadrant (SEQ) of the Temple Terrace Community Redevelopment Area (CRA) to improve walkability and pedestrian connectivity in the area and to develop surface improvements and park-like amenities for the property surrounding the Springdale Outfall Pond area. This Master Plan sets a framework for pedestrian and open space amenities in the SEQ as the area continues to redevelop. City leadership is committed to a progressive and pedestrian friendly development. A perfect location for a restaurant or upscale retail. The plan does not allow storage, car wash or QSR developments on this parcel.