16800-16950 Us Highway 441 - Retail FOR SALE
Mount Dora, FL 32757 |
$12,500,000 USD
786-522-7000
16800-16950 Us Highway 441
Mount Dora, FL 32757
HIGHLIGHTS
- 71,172 SF shopping center anchored by Ross Dress for Less, TJ Maxx and Dollar Tree
- Located in High Growth Mount Dora, Florida
- Strong In-Place Cash Flow Due to Assumable Financing with Fixed-Rate, Below-Market Interest Rate of 4.85%
- Shadow anchored by High-Volume Hobby Lobby
- 89% of GLA has Tenure at the Property of 10 years or more
- Below Market Rents Contribute to Upside and Acquisition Basis Below Replacement Cost
FOR SALE DETAILS
PRICE
$12,500,000 USD
PRICE/SF
$164 USD /SF
CAP RATE
6.83%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tri-Cities Shopping Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
486
LAND DETAILS
LAND ACRES
12.38 AC
LAND SF
539,273 SF
ZONING
C-3
APN/PARCEL ID
23-19-26-0004-000-03000,23-19-26-0004-000-10300,23-19-26-0004-000-10400,23-19-26-0004-000-10500,23-19-26-0004-000-10600
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786-522-7000
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786-522-7000
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