14251-14295 Tamiami Trl - Retail FOR SALE
North Port, FL 34287 |
$11,300,000 USD
786-522-7000
14251-14295 Tamiami Trl
North Port, FL 34287
HIGHLIGHTS
- 100% Occupied, 66,083 SF Shopping Center Anchored by Planet Fitness | Strong Tenant Roster also Features Humana and Napa Auto Parts
- Newly Signed 10-year Leases with Planet Fitness, Do The Beach Adventure Park and Be Well Holistic Spa, Totaling 41,640 Square Feet
- Seller has Invested $3,000,000 in Recent Capital Improvements Including a Complete Parking Lot Reseal/Re-Stripe and Roof Replacement/New Facade
- The Weighted Average Lease Term is Over Seven Years
- Priced Below Replacement Cost at $171 Per Square Foot
- Located on the Northwest Corner of Busy Tamiami Trail (US 41) and North Port Boulevard with Average Daily Traffic Count of 42,400 Vehicles Per Day
FOR SALE DETAILS
PRICE
$11,300,000 USD
PRICE/SF
$167 USD /SF
CAP RATE
7.3%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
North Port Village Shopping Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
308
LAND DETAILS
LAND ACRES
7.88 AC
LAND SF
343,253 SF
ZONING
CG
APN/PARCEL ID
0999-03-4656
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786-522-7000
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786-522-7000
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