Nature Coast Commons

Colliers, as exclusive broker, is pleased to present the opportunity to acquire Nature Coast Commons, the largest grocery-anchored shopping center in the region, located 36 miles northwest of downtown Tampa. The offering includes a 226,643 square foot shopping center featuring a prominent endcap Aldi grocer along with category leading anchors, Ross Dress for Less (S&P: BBB+), Best Buy (S&P: BBB+), and PetSmart along with new recent 10-year leases with TJ Maxx (S&P: A) and Shoe Station. When combined with the adjacent shadow Walmart Supercenter and JCPenney, the shopping center is exceeding 550,000 square feet on 80-acres.

The offering includes an outparcel with an available +/-1.0-acre pad, a pending 15-year ground lease with 7 Brew, and existing ground leases with successful Wells Fargo and Twistee Treat; and a separately parceled 14,952 square foot strip center at the primary signalized entrance to the Property featuring 100% national tenancy. These two outparcels account for 17% of the Property revenue.