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14520 7th Street, Dade City, FL

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14520 7th Street

Dade City, FL 33523-3101 - Pasco County Submarket

(1.0 MB)

Property Type:Retail Sub Type:- Status:Existing Year Built:1950
Building Size:21,080 SF Land Area:1.18 AC (51,401 SF)
For Sale Price:$1,650,000 Price/SF:$78.27
Cap Rate:10.50 %
Parking:51 Surface spaces are available; Ratio of 2.41/1,000 SF

Multi-tenant retail income producing commercial property. Eleven units totaling 21,080 SF and situated on 1.18+/- acres in Central Florida. Excellent in-place tenant mix consisting of eight tenants, with four being regional or national branded retail tenants, occupying approximately 80% of the total space. Current year NOI estimated to be approximately $173,000 generating a 10.5 cap. Property was reconfigured and completely renovated in 2007.

The buildings are newly renovated and comprise of nine (9) retail units that range from 702 sf to 4,070 sf (20,869 total sf). Each unit offers large perimeter windows with great views. In addition, common areas and restrooms have been finished. There is additional parking in the rear of the building.

If you have any questions please feel free to email me.

CENTURY 21 Prime Property Resources, Inc.
Kelly Rice
(352) 793-6911

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