This property presents a rare chance to own a stable asset with both financial and community-centric value.
Exceptional Occupancy: The property boasts a robust 93% occupancy rate, underscoring its high demand and established market presence, and providing an investor with immediate, reliable cash flow.
Significant Scale: The building encompasses a substantial 75,020 square feet of space, sitting on a generous 4.43-acre lot. This scale offers a diverse tenant mix and potential for future asset management or development strategies, subject to zoning.
Established Cultural Hub: Known in the community as Florin Square, this property is a beloved center for local business, arts, and culture, housing nearly 100 retailers, non-profits, and service businesses, including the renowned Sojourner Truth African Heritage Museum. This strong community reputation translates directly into tenant stability, high foot traffic, and a unique, defensible market position that surpasses typical commercial offerings.