9450 W Linebaugh Ave

• 20-Year Initial Lease / 8 Years + remaining on Lease • 10% Increase every 5 years • Adjacent to Westchase Town Center a mixed use center that is home to the first World of Beer, Tijuana Flats & Burger 21 • Located on W Linebaugh Ave across the street from Westchase Elementary and approximately 0.6 miles from the traffic light at Sheldon Ave • Excellent Visibility along W Linebaugh Ave, over 36,535 ± CPD • Approximately 3 miles from Westfield Citrus Park Mall, 7 miles from Tampa International Airport, 11 miles from Busch Gardens, 12 miles from USF, 13 miles from Downtown Tampa & 20 miles from Clearwater Beach DEMOGRAPHICS POPULATION 1-MILE 3-MILES 5-MILES 2010 Population 14,301 84,044 175,633 2019 Population Estimate 14,748 89,274 191,808 2024 Population Projection 15,865 96,461 207,858 HOUSEHOLDS 2010 Households 5,750 32,147 67,684 2019 Households 5,995 34,276 73,753 2024 Households 6,456 37,083 79,869 INCOME 2019 Average Household Income $95,727 $82,498 $84,412 AREA OVERVIEW Tampa's retail market is flourishing, thanks to elevated personal consumption from the metro's robust population and wage growth, as well as a vibrant tourism industry. After outperforming the nation for generally the past five years, the market continues to be one of the healthiest in the country. In 2019, both the average vacancy rate and annual rent growth remain near record levels. While Tampa’s retail trade employment has been one of the highest growth sectors over the past two years, with over 5% job growth, net absorption has started to gradually taper off, as vacancies sit near record lows. Although relatively low compared to long-term trends, construction has picked up, with 2019's supply underway the largest in nearly a decade. Investment activity has remained elevated for the past seven years, with year-over-year volume at mid-year 2019 exceeding the prior year. Additional y, cap rates have continued to gently compress, and pricing keep getting richer. In 2017, Westchase FL had a population of 23.3K people which had a median household income of $91,634. Between 2016 & 2017 the population of Westchase FL, grew from 22,999 to 23,287, a 1.25 % increase and its median household income declined from $92,043 to $91,634 a –0.444% decrease.