Lutz, FL - Shops at Cypress Creek

Description:

• Brand-new, fully occupied retail strip with leases signed within the past two years. All tenants have terms remaining through at least June 2034
• Fazoli’s and Los Chapos Tacos each have one and two 5-year options to renew at fixed rents, respectively, while Lightning Orthodontics holds two 5-year options to renew at fair market rent
• All leases include scheduled rental increases, providing a hedge against inflation and opportunities for increased cash flow

• The asset is part of a larger development that features Take 5 Oil Change, Greenlane, a three-tenant retail strip, and Woodie’s Wash Shack
• The Shoppes at Cypress Creek is adjacent to a Greenlane fast casual drive thru concept (est. opening February 2026) - AVAILABLE
• Fronting FL-54 (73,000 VPD), a primary East/West thoroughfare serving the North Tampa trade areas
• Just West of the Tampa Premium Outlets, a 414K+ SF retail center that ranks in the 96th percentile among shopping centers nationwide with 5.5M+ annual visits (per Placer.ai) and features national/credit tenants such as Nike, Adidas, Under Armor, and, Chick-fil-A, McDonald’s, and Starbucks pads
• The outlets are 100% leased and produced sales of $750 PSF in 2023
• Just West off I-75 (135,000 VPD), allowing users to benefit from on/off ramp access to the site and surrounding trade areas

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000001m23lYAA