Don't miss this investment opportunity! We are proud to offer for sale a 6,390 sf NNN leased retail center located on 0.48 acres at the corner of W. Waters Ave. and Marigold Ave. The property is well situated on a highly-trafficked and rapidly growing stretch of W. Waters Ave. that experiences a daily traffic volume in excess of 42,500 vehicles per day, with several new national brands opening locations within 1 mile. The property is 100% occupied by five, long-standing tenants. NNN leases, slightly below market rate, were instituted in 2018, with aggressive 3-5% annual escalations. Current ownership has invested heavily in capital expenditure to include exterior building repaint, updating of electrical, fence replacement/repairs, lift station repair and maintenance, parking lot cleaning and striping, and box/cabinet sign replacements on the building exterior and pylon sign.
Listing Information
Property Type: Retail, 1 Story
Lot Size:0.48 Acres Square Feet:7,424 (approx) Year Built:1981
Stories:1 Construction:Block,Stucco,Wood frame
Town/Range/Sec:28//
Foundation:Slab
Room Information
Interior Features
Cooling:Central Air
Exterior / Lot Features
Exterior:Wood, Stucco, Frame, Block
Roof:Shingle
Water Frontage Dimension:0
Zoning:CN
Topography:Mature Landscaping
Additional Exterior/Lot Features: Corner Lot

 

 

Buyers agent: Anthony Giuffrida - La Rosa Realty.
PLEASE CONTACT: info@floridastripcentersforsale.com

T3225197