Aldi-anchored center in Pasco County sells for $6.4 million

By Louis Llovio
| 2:05 p.m. February 12, 2026
| 2 Free Articles Remaining!

The Oakview Plaza in Pasco has sold as Aldi converts the Winn-Dixie.

Tampa Bay-Lakeland

Oakview Plaza, an Aldi-anchored shopping center in Zephyrhills, has sold.

New York-based New Hyde Park Food Corp. bought the center, at 38923 County Road 54. It paid $6.4 million.

The Pasco County shopping center was built in 1990 and has close to 47,000 square feet of retail space.

According to the listing from Franklin Street, which brokered the deal, the Aldi has $2 million in company-funded upgrades coming. These will include including façade improvements, parking lot enhancements, and lighting updates.

The grocer, being converted from a Winn-Dixie, has a 10-year lease that started Oct. 1.

A second anchor tenant, Archwell Health, has a new 10-year lease guaranteed by United Health.

The seller is Merrimac Ventures which, according to Pasco property records, paid $2.92 million for the center in 2015.

Franklin Street’s Justin Walker, Justin Sturdivant and Dylan Morse brokered the deal.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.