Categories
Office
Retail
About this property
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.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 16,550 sqft
- Land Size
- 1.48 acres
- Zoning
- Commercial
- Year Built
- 2009
- Parking
- Paved
Location
- Address
-
617 US Highway 301
Sumterville, Florida 33585