407-541-4425
1058 Berkley Rd, Auburndale, FL for Sale
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1058 Berkley Rd
Auburndale, FL 33823


HIGHLIGHTS

  • Average household income: $88,845 withing 3 miles; $89,709 within 5 miles radius.
  • Lease term secured through January 2030 with three (3) additional five-year options extending potential occupancy through January 2045.
  • Excellent redevelopment opportunity with flexible positioning including retail, medical, service, or community used.

OVERVIEW

CASH FLOWING REDEVELOPMENT OPPORTUNITY FAMILY DOLLAR - The property offers investors the ability to generate in-place income while evaluating long-term redevelopment, repositioning, or alternative use opportunities supported by the existing cash flow. - 9,476 SF freestanding retail box on 1.1 acre - The lease includes a mutual termination right, providing added flexibility and optionality for future redevelopment, repositioning, or long-term investment strategy execution. - Projected rental income of $189K; $20 NNN. Supporting strong investment returns - Located 0.9 miles to the Polk Pkwy exit. Incentives available to qualified tenants. 1-mile from the Walmart Supercenter. Ample parking.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C

APN/PARCEL ID

25-28-04-319001-015010

ASK ABOUT THIS PROPERTY

Chris SmithCushman & WakefieldMore Info
407-541-4425

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Chris SmithCushman & WakefieldMore Info
407-541-4425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.