2317 Gunn Hwy - Retail FOR SALE
Odessa, FL 33556 |
2317 Gunn Hwy
Odessa, FL 33556
HIGHLIGHTS
- Current base rent equates to $5.45/SF and the purchase price is well below replacement cost
- 20-YR lease and large capital investment by Lowe's demonstrates long-term commitment to this site
- Lowe's is a Fortune 50 company that operates +/- 1,800 stores and has an investment grade credit rating
- Pasco County is the 3rd fastest growing County in Florida with over 17,000 being developed in the immediate trade area
- Strategically located at the major regional intersection of SR 54 and Gunn Highway which carry a combined 75,000 vehicles per day
- Florida has no state income tax and in 2022 ranked as the fastest growing State in the US
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lowe's - New 20-YR GL - 75k VPD
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
138339
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
69
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
27-26-17-0010-00100-0010,27-26-17-0010-00200-0010,27-26-17-0020-00C00-0010
