Investment Neighborhood Shopping Plaza

  SOLD March 2021 for $743,000

10091 US Highway 441, Belleview, Florida 34420


Documents
Building Size9,000 Square Feet
Land Size35,284 Square Feet
ZoningB4
Parking29
SewerSeptic
Year Built1986
RoofShingle

Jaramillo Commercial Real Estate is pleased to exclusively represent the owner of this 9k sf shopping plaza in Belleview, FL, near the Villages. The property constists of 8 retail spaces and currently has 2 spaces available for lease.

  • Traffic Counts: 27,500
  • 10 Minute Drive Population: 50,758
  • 15 Minute Drive Population: 117,998
  • 10 Minute Drive Average Household Income: $72,488
  • On Retail Row just north of downtown Belleview
  • All tenants current in rent
  • NOI $66k - current, not proforma.
  • Leasing the remaining space would result in a 10% cap.
  • Cap Rate 8.3% on existing income.

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


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