Property details

Florida Value-Add Grocery-Ancored Power Center, Southeast Region

Property Description

Located in an Income Tax Free State!     

Florida Value-Add Grocery-Ancored Power Center

This is a Private, Confidential and Off-Market Offering. This property is quietly being offered and is not being widely marketed on commonly used listing services.

Class "A" Publix-Anchored Power Center

Located in a Prime Southern Florida

Approx. 1.7 acres is direct lake frontage

Well Over 1,000 Parking Spaces

100% Occupied

Existing and assumable $60M mortgage is in place with an interest rate of 4.46%.

Value-Add with a 3.25 acre hotel site with plans for a 150-unit major flag hotel. The City is prepared to work with the hotel developer to get the permits.

Buyer responsible for 1% commission.


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Cap Rate:
Annual Rent:

Property Information

Building Size:
187,000 sq.ft.
Property Type:
Shopping Center
Industry Type:
Land Area:
23.50 acres
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.