4944 Malloy Plz - Freestanding FOR SALE


Marianna, FL 32448
$1,950,000 USD
954-820-7455
4944 Malloy Plz, Marianna, FL for Sale
$1,950,000 USD
Freestanding - FOR SALE
1/29
null | 6.22% Cap Rate

4944 Malloy Plz
Marianna, FL 32448


HIGHLIGHTS

  • Anchored by Top-Performing Tenant • Beef ‘O’ Brady’s recently renewed - Ranked #1 in Florida and #2 nationally per Placer.ai
  • Value-add upside via Vapor Tech • Month-to-month gross lease • Rents are well below market • Immediate mark-to-market opportunity
  • Flexible space configuration • Vapor Tech suite can be subdivided into two retail units • Increased leasing flexibility & income potential
  • Future expansion opportunity • Ability to add approximately 1,000-1,200 SF of additional retail space • Supported by large site size and ample parking
  • Prime retail location • Frontage on Highway 71 w/ approximately 18,000 VPD • Direct access to Interstate 10
  • Attractive basis • Priced below replacement cost • Well-maintained 2009 construction on 1.68 acres

OVERVIEW

Franklin Street is pleased to present the opportunity to acquire 4944 Malloy Plaza East, a 7,040 SF multi-tenant retail property located in Marianna, Florida. The property sits on 1.68 acres with strong visibility along Highway 71 (18,000+ VPD) and immediate access to Interstate 10, providing excellent exposure and regional connectivity. The center is anchored by Beef ‘O’ Brady’s, a long-standing tenant that recently exercised a lease renewal, providing extended term and stable cash flow. According to Placer.ai, this location is ranked #1 in the state of Florida and #2 nationally within the Beef ‘O’ Brady’s system, underscoring strong store-level performance and traffic. Vapor Tech occupies the remaining space and is currently operating under a month-to-month gross lease at rents well below market, offering near-term mark-to-market upside. The Vapor Tech suite also provides flexibility to be subdivided into two separate retail units, allowing an investor to further enhance income through re-tenanting or repositioning. The site also offers additional density potential, with the ability to construct approximately 1,000-1,200 SF of additional retail space integrated into the existing building footprint. Surrounded by national retailers including Walmart, Lowe’s, Dollar Tree, Dunkin’, Wendy’s, and Burger King, the property presents a compelling combination of current income, embedded upside, and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beef 'O'Brady's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

-

APN/PARCEL ID

24-4N-10-0000-0040-0013

ASK ABOUT THIS PROPERTY

Dylan MorseFranklin StreetMore Info
954-820-7455

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Dylan MorseFranklin StreetMore Info
954-820-7455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.