Property details

Florida Upside Power Center For Sale, Southeast Region

Property Description

Located in an Income Tax Free State!     

Florida Upside Power Center For Sale

Located in central Florida.

Majority of the tenants are national credit tenants

Priced 7.00% cap (Make Offer)

Offered at an above-market Cap Rate due to the underlying mortgage that must be assumed (inquire)

NOI currently at approx. $3.3M

Buyer must assume approx. $26.6M existing mortgage.

There is 10,000 sf upside development available.

There is also upside in a theater who's lease up soon.

There is further upside in the large amount of parking spaces this center has (potential to reduce parking thus freeing up more pad sites).

Buyer responsible for 1 point buy-side commission.


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Cap Rate:

Property Information

Property Type:
Shopping Center
Industry Type:
Purchase Tenure:
Fee Simple

Existing financing information


The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.