5546 Seven Mile Dr - Retail FOR SALE


Wildwood, FL 34785
$7,296,000 USD
813-951-7796
5546 Seven Mile Dr, Wildwood, FL for Sale
$7,296,000 USD
Retail - FOR SALE
1/17
null | 5.85% Cap Rate

5546 Seven Mile Dr
Wildwood, FL 34785


HIGHLIGHTS

  • Newly constructed property including a two-tenant strip center (5,600 RSF) plus a freestanding building (4,936)
  • Sits on 2.36 AC directly in front of Target, Lowe's, and Publix
  • Property borders The Villages, America's #1 Selling Master Planned Community overall, for eight consecutive years
  • Excellent positioning along Sumter County Road 466A (18,300 VPD)
  • Strong anticipated population growth from 2024 to 2029 of 26.54% and a current average household net worth of $1.6 million within a 15-minute drive
  • Strong local amenity base featuring beautiful golf courses, dining, and shopping

OVERVIEW

Franklin Street is pleased to offer Trailwinds Shops III, a 2.36 acre, 10,536 RSF property including a 5,600 SF strip center and a 4,936 SF Outback Steakhouse Ground Lease located in Wildwood, FL, one of the fastest growing cities in the country. Trailwinds Shops III is shadow anchored by Target, Lowe's, and Publix. Current tenants at Trailwinds Shops III include Crumbl Cookies and Mattress Warehouse in the strip center, and Outback Steakhouse in a stand alone building, offering a new investor a diversified national tenant mix. Trailwinds Shops III benefits from 300 feet of frontage along Sumter County Road 466A (18,300 VPD), the main retail and commuting corridor in Wildwood, FL. With projects like Twisted Oaks bringing 1,200 residential units to Wildwood and the continued success of the Villages, the most successful master planned community in the U.S. for nearly a decade, the demand for retail space in the immediate area will continue to increase.

FOR SALE DETAILS

PRICE

$7,296,000 USD

PRICE/SF

$692 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trailwinds Shops III

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

-

APN/PARCEL ID

G04LCO-001

ASK ABOUT THIS PROPERTY

Anthony SuarezFranklin StreetMore Info
813-951-7796

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Anthony SuarezFranklin StreetMore Info
813-951-7796

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