1944 Highway A1A - Freestanding FOR SALE
Indian Harbour Beach, FL 32937 |
1944 Highway A1A
Indian Harbour Beach, FL 32937
HIGHLIGHTS
- Shadow outparcel to Lowe’s on the premium corner lot of one of the more prominent retail intersections in Indian Harbour Beach, Florida.
- Recession-proof acquisition with long-standing tenancy and exclusive real estate within 350 ft from the highly trafficked main beach access site.
- Minimal landlord responsibility, as all the tenants operate on NNN leases with tenants reimbursing for CAM, real estate taxes, and insurance.
- Florida is one of only nine US states with no state income tax perfect for a low-maintenance, management-free investment opportunity.
- Daytime population exceeds 100,000 people within a 5-mile radius with an average household income of over $115,000 within 3 miles.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Oceanfront Strip | Hwy A1A | Credit Tenant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
22760
STORIES
1
YEAR BUILT
1980
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
27-37-12-00-00538.0-0000.00
