Point Acquisitions acquires retail building in Palm Harbor, Fla.
Transactions - JUNE 10, 2024

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Point Acquisitions acquires retail building in Palm Harbor, Fla.

by Denise Moose

Point Acquisitions, a commercial real estate investment firm, announced the acquisition of Sabal Ridge Plaza, a premier neighborhood retail center at 33821-33983 US Highway 19 N, Palm Harbor, Fla.

Sabal Ridge Plaza is a well-maintained retail building offering 51,200 square feet of gross leasable area (GLA) on a 4.94-acre lot. Originally built in 1986 and renovated in 1997, the plaza is designed with masonry construction and a class C rating, allowing for durability and aesthetic appeal. The center is home to 16 diverse tenants, such as Carrabba’s Italian Grill, Mike's Sushi and Sake Bar, RCI Flooring and Level 10 Martial Arts College Florida.

Situated in a suburban area with high visibility and accessibility, Sabal Ridge Plaza boasts 278 feet of frontage on Nebraska Ave and 210 feet on US Highway 19 N. The center experiences a robust traffic count with approximately 80,000 cars daily, making it an ideal location for retail businesses. The plaza also offers ample par

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