SRS Real Estate Partners Represents Seller In $10.5M Sale Of Fountain Shoppes In Temple Terrace

The sale of a fully leased retail center occurred at 8942 Bertha Palmer Boulevard in Temple Terrace, FL, with a sale price of $10,500,000. This retail asset encompasses 18,110 square feet and sits on 2.58 acres. The property features tenants such as Starbucks, Chase, and AT&T, and was built in 2022, operating under a NNN lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,500,000
• Address: 8942 Bertha Palmer Boulevard
• Market: Temple Terrace
• Asset Size: 18,110 SF
• Price Per Square Foot: $580
• Acres: 2.58

SRS Real Estate Partners represented the Florida-based seller in this transaction, successfully securing seven offers before finalizing the sale to a Florida private investor. The brokers involved in this deal were Patrick Nutt and William Wamble.