917-923 E Oak St - Retail FOR SALE
Arcadia, FL 34266 |
917-923 E Oak St
Arcadia, FL 34266
HIGHLIGHTS
- With one vacancy and slightly below market rents, Oak Plaza is well positioned for an investor to get in and immediately add value.
- Oak Plaza presents an extremely rare opportunity to acquire an asset at a 10.77% return on in-place income.
- Priced to add value through future development or continuing to cash flow while leasing the two vacancies and cleaning up the financials.
- The property recently underwent a resurfacing of the parking lot as well as improvements to the signage.
- Oak Plaza is well positioned on Oak Street which is home to many national retailers, including: Walmart, Dollar Tree, Publix, and Walgreens.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Oak Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
6600
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
31-37-25-0016-1080-0010,31-37-25-0016-2080-0050
