River Bay Plaza in Riverview, Fla., sells for $5.8 million
New York —River Bay Plaza in Riverview, Fla., has sold for $5.8 million. Cohen Real Estate represented the buyer and seller, both private investment firms.
Located in Hillsborough County, the 79,288-sq.-ft. neighborhood shopping center is anchored by Winn Dixie, which recently exercised a lease option. Other recent developments include a new 10-year lease for Aaron’s and an option exercised by Dollar Tree.
About 163,000 people live within a five-mile radius of the center. Average annual household income is $70,000.