Investor pays $30 million for Lutz retail center

LUTZ — New York City-based Prestige Properties & Development purchased the 139,347-square-foot Van Dyke Commons in Lutz for $30.01 million.

The price equated to $215 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.

Built in 2007, the retail center, located at the corner of Van Dyke Road and North Dale Mabry Highway, is 100% leased. Anchors include LA Fitness, HomeGoods and Golfsmith. The purchase also included a 0.88-acre undeveloped outparcel.