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FLORIDA Shopping Centers
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Brooksville Strip Center - 400 S. Broad St.,
Brooksville, FL 34601
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1920 |
Occupancy: 88% |
| GLA: 26,340 SF |
Cap Rate: 4.11% |
| Price: $1,800,000 |
Price/SF $68.34 |
| Property Description: Great investment
opportunity for office/retail/warehouse building. Highly
visible with easy access. Only 2 blocks from downtown
Brooksville, FL (Hernando County Seat). Hernando County
is experiencing extremely rapid growth. Building is currently
100% NNN occupied. 10 office & walk-in business units
(14,820 sf) on upper level facing S. Broad Street (US
Hwy 41). 7 warehouse units (11,520 sf) on lower level
at rear of building facing Jefferson St. (US Hwy 98) |
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RETAIL OUTPARCEL - SEC State Road 37 & Carter
Road, Lakeland, FL 33813
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 2004 |
Cap Rate: 6.00% |
| GLA: 4,600 SF |
Occupancy: 100% |
| Price: $1,825,000 |
Price/SF $396.74 |
| Property Description: A great investment.
NET NET NET Lease. 4,600 sq foot building. 2 national
tenants. PAYLESS & EB GAMES. Long lease with increse every
year. Next to WAL*MART. |
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10410 N. Florida Ave - Tampa, FL 33612
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1974 |
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| GLA: 18,320 SF |
Occupancy: 70% |
| Price: $1,950,000 |
Price/SF $106.44 |
| Property Description: Well maintain and
well established strip center with long time tenants.
70% leased. National anchor tenant. Center has 256 ft
of frontage exposure to Florida Avenue. Property has tremendous
upside potential. Please DO NOT disturb tenants. |
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West Tampa Community Shopping Center - 1716
N. Howard Ave., Tampa, FL 33607
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| Property Type: Shopping Center |
Community Center |
| Year Built: 1902 |
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| GLA: 5,000 SF |
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| Price: $2,000,000 |
Price/SF $400.00 |
| Property Description: Grocery store layout
with deli and meat market. 5,000s.f. building on 15,000s.f.
of land. Building includes all equipment. 2 freezers,
2 coolers, 2 offices, and 4 restrooms. Zoned CI. |
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The Magnolias Shopping Village - 3800 SE Maricamp
Road, Ocala, FL 34471
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| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 6.12 Acres |
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Price: $8.00/SF |
| Property Description: This is a prime commercial
location located adjacent to new single family subdivision,
The Magnolias with 650 homes, and frontage on Maricamp
Road and SE 38th Street. Over 25,000 cars a day travel
this road from Silver Springs Shores to Ocala. Sonic's
restaurant is proposed at the next corner and there is
great commercial potential. |
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484 Retail Center - 1150 SE Hwy 484, Belleview,
FL 34420
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1988 |
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| GLA: 7,200 SF |
Cap Rate: 2.60% |
| Price: $2,200,000 |
Price/SF $305.56 |
| Property Description: Neighborhood Retail
Center on 1 acre plus additional 5 acres. Highly desireable
B5 zoning allows most versatile of commercial uses, and
service businesses including convenience stores, mini
storage, warehouse, out side sales. 4 rented units 7200
sf 6 rest rooms 16 spaces. |
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Turn Key Shopping Center! - Corner of Thacker
& Columbia, Kissimmee, FL 34741
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 2006 |
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| GLA: 8,600 SF |
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| Price: $2,350,000 |
Price/SF $273.26 |
| Property Description: 8600 sqft Shopping
Center, Turn Key. Spaces are getting filled fast. Prime
outlet location. |
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14216 N. Nebraska Ave - Tampa, FL 33613
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1987 |
Occupancy: 100% |
| GLA: 17,000 SF |
Cap Rate: 5.40% |
| Price: $2,390,000 |
Price/SF $140.59 |
| Property Description: A great investments.
All strong and well established tenants. And many more
years to come. Easy to manage and operate this building.
All expenses are included management and maintenance.
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Blockbuster Shopping Center - 2750 E. Silver
Springs Boulevard, Ocala, FL 34470
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1990 |
Occupancy: 83% |
| GLA: 12,450 SF |
Cap Rate: 6.10% |
| Price: $2,494,341 |
Price/SF $200.35 |
| Property Description: Well established
retail strip center boasting highly visible street frontage
in the busy Ocala, Marion County, area of Florida. Established
long term tenancy with potential upside. DO NOT DISTURB
TENANTS |
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Tampa Heights Shopping Center For Sale - 2503
N. Tampa St., Tampa, FL 33602
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| Property Type: Shopping Center |
Community Center |
| Year Built: 1951 |
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| GLA: 15,200 SF |
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| Price: $2,600,000 |
Price/SF $171.05 |
| Property Description: 15.200s.f. concrete
block building on 49,183s.f. of land. 16' ceilings. Zoned
CG - Commercial General. Very high visibility. Ample parking.
Building also for lease $4.00/s.f. NNN. |
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Miller Professional Center - 4707 Gandy Blvd.,
Tampa, FL 33611
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| Property Type: Shopping Center |
Neighborhood Center |
| Year Built: 1986 |
Occupancy: 100% |
| GLA: 13,000 SF |
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| Price: $2,600,000 |
Price/SF $200.00 |
| Property Description: Very well maintained
2 Story strip center. All block construction and second
floor is concrete floor. Great signage and tremendous
traffic count. 15 units. 60 parking spaces |
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Publix Shopping Center - 3237 S John Young Parkway,
Kissimmee, FL 34741
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 2001 |
Occupancy: 100% |
| GLA: 12,000 SF |
Cap Rate: 6.60% |
| Price: $2,650,000 |
Price/SF $220.83 |
| Property Description: 12,000sf shopping
center on 2.1 acres located next to Publix (on the corner
of Pleasant Hill Road and John Young Parkway) across from
new Walgreens, McDonalds, Washington Mutual Bank, KFC
and Eckerd in a growing area with a lot of new housing
communities going up for construction. This is not a tourist
area. There are total of 8 units of 1,500sf each. Several
units have 9X12 rolling doors in the back. 100% of the
building is leased out with very strong and long term
leases in place. Current rent of $16.50-17.50/sf. is well
below the rent of $22-25/sf charged by new construction
across the street (next to Walgreens) on 3232 S. John
Young Parkway. A lot of room for higher rent when the
leases come up for renewal. |
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6 Acre Hotel/Retail site, Ocala FL with approvals
- 13400 SW 16TH AVE, Ocala, FL 34473
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| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 6.00 Acres |
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| Price: $3,000,000 |
Price/Acre: $500,000.00 |
| Property Description: Exploding new corridor
right off of I-75 in the heart of Ocala. There is a tremendous
amount of new activity happening in this corridor. The
parcel is located right behind the new Dunkin Donuts gas
station, Sleep Inn, and Microtel Hotel. There is also
a new 60,000 sq ft retail shopping center, Zaxby's, and
a Cracker Barrel coming to the corridor as well (see photo).
Zoned B-2 and are in the process of obtaining approvals
and entitlements. Great location for a hotel and retail
center with two access roads from SW 484 and SW 16 Ave
leading to the 6 acre site. SW 16 is the last local street
that leads directly to the center of Ocala and State Rd
200 without traveling on I-75. SW 16 will be a 4 lane
road in the near future. The parcel sits right in the
heart of all the new 10,000 residential units being developed
in Ocala. There is currently two homes on the site that
can be rented short term to cover some carrying costs.
Land lease available for qualified buyers. |
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18,436 Sf Shopping Center - 2200 Lake Ida Rd,
Delray Beach, FL 33445
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1975 |
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| GLA: 18,436 SF |
Cap Rate: 6.50% |
| Price: $3,200,000 |
Price/SF $173.57 |
| Property Description: Completely renovated
neighborhood shopping center with new roof done in 2004.
Almost 400 ft of frontage on Lake Ida Road. Within a block
of Congress Avenue, a heavily traveled thoroughfare of
Palm Beach County. This street corner shopping center
is situated in Delray Beach, one of the fasted growing
cities of Palm Beach. Delray Beach enjoys ample real estate
appreciation year after year. Property is located only
half a mile west of I-95, which makes the center very
attractive to the savvy investors. Ample parking spaces
and land size (1.85Ac.) make this center even more attractive.
Tenants pay their water and electric bills and also contribute
towards property taxes. |
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University Collection II - 2618 Fowler Ave,
Tampa, FL 33612
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| Property Type: Shopping Center |
Center Strip |
| Year Built: 1985 |
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| GLA: 43,461 SF |
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| Price: $3,300,000 |
Price/SF $75.93 |
| Property Description: Huge "value add"
Opportunity - The building contains a total of 12 retail
spaces (all occupied) and one vacant special purpose space
(see attachment for use of this space). The "special purpose"
space (approximately 23,000 sq. ft.) originally housed
a 6 screen theater complex. The theaters and all related
fixtures have been removed and the sloping floors have
been leveled in preparation for a non-theater use. To
accomplish this, much of this area has been gutted to
the bare walls (restrooms remain intact) Note: The theater
space has interior walls 20 feet high. It is anticipated
that the property's value and potential uses could be
increased dramatically by enlarging the 2nd floor mezzanine
across the entire theater space, thereby increasing the
total leasable area to 60,000+- square feet. Buyer to
confirm feasibility of this plan with building dept. Building
Highlights: Steel and masonry structure - built in 1985
- 296 parking spaces (including handicap) - suitable for
high-density use -A corner location with 4.3 prime acres
Drainage retention off property - Fire Sprinklers in place.
Owners may buildout for right tenant. |
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HYDE PARK STRIP CENTER - 927 S. HOWARD AVE,
tampa, FL 33606
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1920 |
Occupancy: 90% |
| GLA: 20,000 SF |
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| Price: $3,490,000 |
Price/SF $174.50 |
| Property Description: HYDE PARK LANDMARK
BUILDING... THIS 2 STORY BLDG. HAS 16 STUDIO APTS UPSTAIRS
PLUS STRIP CENTER W/ RETAIL/ OFFICE/ RESTAURANT ON STREET
LEVEL. ALSO... INCLUDES 5 RENTAL STORAGE UNITS. HURRY!!!
GREAT INVESTMENT |
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Royal Gardens Shopping Center - 100 S. US Hwy
1, Vero Beach, FL 32960
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1985 |
Occupancy: 100% |
| GLA: 23,500 SF |
Cap Rate: 6.50% |
| Price: $3,950,000 |
Price/SF $168.09 |
| Property Description: Price reduced! Attractive,
well-located, fully-leased, highly visible, stable Center.
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Citrus Park Retail Investment Offering - 8502
Citrus Park Drive, Tampa, FL 33625
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 2005 |
Occupancy: 100% |
| GLA: 7,966 SF |
Cap Rate: 6.00% |
| Price: $4,000,000 |
Price/SF $502.13 |
| Property Description: Completed in 2005,
the Property is a freestanding, single-story retail building
totaling 7,966 square feet. It is 100% leased to two tenants:
MovieStop and GameStop. The Property affords tenants with
excellent visibility due to the site s extensive frontage
on Citrus Park Drive. " Secure Income Stream: The Property
is 100% occupied by GameStop Corp., a public company (NYSE:
GME ) with annual sales in excess of $1.8 billion (Moody
s: Ba3/S&P: B+), under attractive leases providing for
significant term (expire in 2016), full expense pass-throughs
and rent escalations. " Demographics of Choice: The population
within a three-mile radius of the Property has exploded
since 1990, growing 64% (to 72,030), and is projected
to grow an additional 15% over the next 5 years. At $73,871,
the average household income within three-miles substantially
exceeds the state norm. |
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METRO CENTER - 602 tampania ave, Tampa, FL 33609
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1994 |
Occupancy: 75% |
| GLA: 12,135 SF |
Cap Rate: 7.00% |
| Price: $4,950,000 |
Price/SF $407.91 |
| Property Description: Great Hyde Park location
in upscale area. This center has 5 units that have great
exposure. Parking lot is huge and will park 63 spaces.
lot size is 128x192 '. |
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Jack Square - 5000 Busch Blvd, Tampa, FL 33617
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| Property Type: Shopping Center |
Community Center |
| Year Built: 1991 |
Cap Rate: 7.70% |
| GLA: 42,274 SF |
Occupancy: 100% |
| Price: $5,250,000 |
Price/SF $124.19 |
| Property Description: Kash n' Karry anchored
shopping center offers an investor the oppertunity to
aquire a well located center on a major commercial artery
in booming Tampa, the grocer occupies 70% of the property
and have been at this location since 1991, other national
tenants include Jackson Hewitt, ocupancy history has been
100% for a long time, rent increases annually. |
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Action Plaza - 14837 N. Florida Ave., Tampa,
FL 33613
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| Property Type: Shopping Center |
Neighborhood Center |
| Year Built: 1983 |
Occupancy: 69% |
| GLA: 28,260 SF |
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| Price: $5,500,000 |
Price/SF $194.62 |
| Property Description: The plaza has just
completed a major renovation. Plenty of parking 114 spaces
and ample signage on Florida Ave. The entire plaza faces
Florida Ave. Join Buccaneer Heaven and other well known
tenants in this 28,260 sq. ft. neighborhood strip center.
Retail spaces available for rent are at $16 NNN. This
rate is below market rents in this area. Do not disturb
tenants. There is the possibility to owner occupy up to
5,900 sq. ft. The property price is based on $ per square
foot... offered at $195 a sq. ft. It looks like a brand
new building. A newly constructed facade with clay barrel
tile accents. Compare this plaza to the other plazas being
offered at the same price. A great value for your money
and a good 1031 exchange candidate. The best part is the
income potential. There is a sample proforma of what the
operating statement should look like. The owner is currently
in the process of updating the leases to reflect the market.
An aggressive marketing plan is being implemented. Again...
at $16 NNN would give this property a cap rate of 7.8
at the asking price. Lots of potential. A healthy market...
the centers around this one have one vacancy and some
have none. Bring your best offer |
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Heath Brook Retail - SR 200, 1 mile west of
I-75, Ocala, FL 34476
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| Property Type: Land |
Retail (land) |
| Lot Size: 7.00 Acres |
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| Price: $831,143.00/Acres |
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| Property Description: Six (6) one plus
acre parcels,with off site water retention and utilities
to property. Located directly on State Road 200, these
parcels share entrances with the Heath Brook Marketstreet
Dillards Shopping Center, The Heath Brook residential
communities, and West Marion Hospital. |
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International Drive Center - 5454 International
Drive, Orlando, FL 32819
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 1984 |
Occupancy: 100% |
| GLA: 33,836 SF |
Cap Rate: 6.60% |
| Price: $6,000,000 |
Price/SF $177.33 |
| Property Description: The International
Drive Center is a 100% leased 33,863 square foot strip
center situated on approximately 2.70 acres. The property
is located on International Drive, Orlando's most dynamic
retail location. International Drive delivers world class
shopping, world renowed dinning and is located in the
center of the world's most famous theme parks. The property
has a curb cut right in front the building allowing for
great access from both sides of the road. The property
also has great visiblity from the road. International
Drive Center, with a long history of high occupancy and
a superior retail location within a well traveled shopping
destination should continue to provide a secure and profitable
investment well into the future. This investment opportunity
also allows an investor to capitalize on significant rental
upside because of below market rents. |
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13Acre Commercial Land Zoned Major Shopping Center
- US Highway 301 and Bloomingdale Ave, Brandon, FL 33511
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| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 13.00 Acres |
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| Price: $6,500,000 |
Price/Acre: $500,000.00 |
| Property Description: 13 Acre parcel with
approved plans for major shopping center. Join Valrico
State Bank, 35 Acre Home Depot, CVS Pharmacy, and Target
with 1000 premiere residential units as your neighbors.
Zoned Commercial or Residential. Full package available
with permits. The property is currently approved (RZ-90-0083-C)
for an IPD-1 zoning to allow up to a total of 163,000
Sq Ft of retail and office. Serious inquiries only. |
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East Pointe Shopping Center - 1028 E. Brandon
Blvd, Brandon, FL 33511
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| Property Type: Shopping Center |
Strip Center |
| Year Built: 2006 |
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| GLA: 30,000 SF |
Cap Rate: 8.33% |
| Price: $7,500,000 |
Price/SF $250.00 |
| Property Description: Red Tile Roof beautiful
two story building with 21500 square feet on 1st floor
and 8500 square feet on 2nd floor. All leasing services
and management services will be provided by Associated
Real Estate Investment Group, Inc. at no cost to buyer.
Please call for terms and conditions. Building to be completed
on or before July 2006. Next Door to SuperWalmart and
Home Depot. I love our neighbors!!! All prices contingent
upon building being fully leased 30 days prior to closing.
Price does not include impact fees of $7.00 per sq. ft.!!
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Pier One Center - 11711 Dona Michelle Drive,
Tampa, FL 33647
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| Property Type: Shopping Center |
Strip Center |
| GLA: 24,328 SF |
Occupancy: 100% |
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Cap Rate: 6.89% |
| Price: $8,200,000 |
Price/SF $337.06 |
| Property Description: Retail Stores (5).
All office retail stores have their own heating and air
conditioning units. Concrete block and plaster. Ample
parking. Excellent retail area |
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South Plaza Shopping Center - 1200 S. Broad
St. (U.S. 41), Brooksville, FL 34601
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| Property Type: Shopping Center |
Community Center |
| Year Built: 1974 |
Occupancy: 100% |
| GLA: 127,224 SF |
Cap Rate: 8.18% |
| Price: $10,000,000 |
Price/SF $78.60 |
| Property Description: South Plaza Shopping
Center is a Winn-Dixie and Beall s Outlet anchored neighborhood
shopping center containing 127,224 square feet on approximately
12 acres. The improvements consist of three one-story
buildings that were built in 1974 and renovated in recent
years. The exterior features painted concrete block accented
with blue trim on the facade. The parking lot is landscaped
with grass, shrubs and trees located within planters.
The Property is located at the intersection of South Broad
Street (U.S. 41) and S.R. 577. This location is considered
main and main for commercial and retail activity in Hernando
County. The Property has multiple points of ingress and
egress along with a traffic light at U.S. 41 and S.R.
577. The Property has two outparcel buildings that are
included in the offering. |
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Royal Oaks Plaza - 3240 Lithia Pinecrest Rd.,
Valrico, FL 33594
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| Property Type: Shopping Center |
Community Center |
| Year Built: 1989 |
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| GLA: 89,264 SF |
Cap Rate: 7.80% |
| Price: $13,700,000 |
Price/SF $153.48 |
| Property Description: Royal Oaks Plaza
is located in Valrico, Florida, which is a densely populated,
dynamic suburb of the Tampa Bay MSA. Three mile population
and median income are 62,447 and $65,830 respectively,
but a more significant indicator of the health of the
area is an expected 12.44% population growth from 2004
to 2009. The center will greatly benefit from Lifestyle
Family Fitness as a new tenant, replacing part of the
former Winn Dixie space. This will add significant traffic
to the center from the anticipated several thousands of
health club members and represents a better tenant mix
for this demographic. Additionally, the current owner
is in discussion with several potential tenants for the
remainder of the former W/D space, which will add even
more traffic, and commensurate upside through increased
rents to in-line tenants. The roof over 42,842 square
feet of the building has been replaced in 2004. With very
favorable area demographics and a great mix of tenants
including the new ten year lease with Lifestyle Family
Fitness, Royal Oaks Plaza is the perfect opportunity to
combine immediate cash flow with potential for upside
through increased street rents and in-place rent escalations.
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Gooding's Plaza - 8201 International Drive,
Orlando, FL 32819
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| Property Type: Shopping Center |
Neighborhood Center |
| Year Built: 1992 |
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| GLA: 82,026 SF |
Cap Rate: 6.00% |
| Price: $25,000,000 |
Price/SF $304.78 |
| Property Description: Gooding's Plaza is
a grocery anchored center in the heart of Orlando's tourism
core. The center is adjacent to the nearly planned $1.55
billion mixed use development, Aqua, which will include
a 2,100 room, two tower condo hotel. |
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Hollywood Plaza - 8024-8148 International Drive,
Orlando, FL 32819
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| Property Type: Shopping Center |
Neighborhood Center |
| Year Built: 1995 |
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| GLA: 72,416 SF |
Cap Rate: 5.85% |
| Price: $29,020,000 |
Price/SF $400.74 |
| Property Description: Retail Center located
in the heart of Orlando's tourism core, adjacent to Embassy
Suites and Comfort Inn, with nearly 350 hotel rooms. a
total of 113,000 rooms in the greater Orlando area. The
center is anchored by Walgreens and T.G.I. Friday's. |
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INFORMATION
AND PRICES SUBJECT TO CHANGE WITHOUT NOTICE
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