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Strip Center in Sumterville with Warehouse

  SOLD November 2017 for $1,000,000

617 US Highway 301, Sumterville, Florida 33585


Building Size16,550 Square Feet
Land Size1.48 Acres
ZoningCommercial
ParkingPaved
Year Built2009

This property is comprised of one parcel; 1.5+/- acers of commercial land, with retail and commercial rental units. There are 9 retail units and 10 contractor warehouse spaces. Paved parking and great visibility, with easy access. Located on US 301, 1/8 of a mile south of C – 470 in Sumterville FL. Sumterville is already feeling the impact of The Villages southern movement. This is the perfect location to serve the growing population of Sumter County. The retail strip center is concrete block construction; the warehouses are metal buildings. Retail Center: 9 spaces - Lease rate $12 sqft.; Warehouse Space: 10 units - Lease rate $5 sqft. 8% cap rate. NOI is $100,000 annually.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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