Suncoast Commons

• Minimal Landlord Responsibilities: The asset is currently occupied by 9 tenants, with 8 operating under NNN Leases, resulting in limited ongoing management and expense exposure.
• Diversified Tenant Mix: The center features a balanced mix of boutique retail, personal care, service-oriented businesses, and food service tenants, reducing reliance on any single tenant or industry.
• Management Fee Reimbursement: Eight tenants are responsible for reimbursing management fees under their respective leases, providing ownership with additional expense recovery and improved cash flow efficiency.
• Fully Leased Asset: 100% occupancy provides investors with immediate in-place cash flow while minimizing near-term lease-up and vacancy risk.
• Kass Circle Revitalization & Public Investment: The Kass Circle district is benefiting from ongoing county-led redevelopment efforts, including planned pedestrian, safety, streetscape, signage and infrastructure improvements aimed at enhancing the area’s accessibility and long-term vitality.
• Established Neighborhood Retail Corridor: Located just off Spring Hill Drive (±21,500 VPD) and adjacent to the ±116,917 SF Spring Hill Plaza, the Property benefits from strong cross-shopping traffic and surrounding residential density, supporting consistent demand for neighborhood retail, dining, and services.
• Strong Population Growth (Tampa MSA): Located in a growing Tampa Bay suburb, the Property benefits from Hernando County’s 14% population growth since 2020, with continued growth projected to support demand for neighborhood retail and services.