Palm Harbor, FL (August 30, 2024) – European Equities is pleased to announce the acquisition of the former Tiffany’s Family Restaurant building in Palm Harbor for $1,300,000. The 3,663-square-foot building, an outparcel to the 83,000-square-foot Fountains shopping center, will be substantially modified into retail space for one to three tenants. Located at 35000 US Highway 19 N. in Palm Harbor, just south of Alderman Road, this prime location provides high visibility and strong traffic flow, offering an excellent opportunity for future tenants. David McComas handled the transaction on behalf of European Equities.
David McComas, owner of European Equities, remarked: “This acquisition is a strategic addition to our portfolio. The location’s high traffic, visibility, and established community presence make it an excellent opportunity for future tenants. We’re excited to transform the space and offer dynamic retail options that will continue to contribute to the success of Palm Harbor.”
Paul Hittos, former owner of Tiffany’s Family Restaurant, said: “After nearly four decades of serving this community, it’s bittersweet to see Tiffany’s Family Restaurant move on, but I’m confident that the new owners will bring fresh energy to the property. I’m excited to see how the space evolves and look forward to the new opportunities it will bring to Palm Harbor.”
An outparcel to the Fountains shopping center, the Tiffany’s parcel is ideal for the retail business seeking the highest visibility from US 19. The retail building will provide storefronts as close as allowed to US 19, an entrance from US 19 for direct access, and minimal foliage between US 19 and the building. The building is expected to be updated and ready for retail use in the second quarter of 2025.
European Equities is a full-service, boutique real estate development company. EEC, as a real estate broker and through its related construction and property management companies, provides complete and seamless services for the life of a project, beginning with project conception, through acquisition, planning and development, construction, leasing, property management, and ultimately divestment. Based in Clearwater, Florida, European Equities has provided its bespoke services throughout the United States for nearly a quarter of a century.
For more information, contact European Equities at 727-723-3771 or info@europeanequities.com.