Franklin Street Brokers $6.4M Sale of Retail Center in Zephyrhills, Florida

by Abby Cox

ZEPHYRHILLS, FLA. — Franklin Street has brokered the $6.4 million sale of Oakview Plaza, a 47,000-square-foot retail center located in Zephyrhills, roughly 30 miles northeast of Tampa. Justin Walker, Justin Sturdivant and Dylan Morse of Franklin Street represented the seller, South Florida-based Merrimac Ventures, in the transaction. New York-based New Hyde Park Fruit Corp. was the buyer. Originally built in 1990, the center will undergo façade improvements, parking lot enhancements and lighting updates. The property’s Winn-Dixie store is also being redeveloped into an Aldi that will act as co-anchor to Archwell Health, a senior-focused primary care provider. Both stores will operate on new 10-year leases upon opening.

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