Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
$2,090,000
Powell Square - Inverness FL
Details
APN 20E-19S-18-0040-000C0-001.0 & 20E-19S-18-0041-000C0-001.0
Property Type Retail
Sub Type Storefront
Square Footage 11,360
Cap Rate 6.98%
NOI $145,960
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Year Built 1972, 1990
Year Renovated 1988, 1998
Buildings 2
Stories 1
Acreage 1.460
Zoning C Commercial
Parking Spaces 49 spaces
Parking per 1,000 SqFt 4.31
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Recent Lease Extensions | 6.80% CAP | 11,360 SqFt
Investment highlights
- High Traffic Visibility
- 100% Occupied | NNN Leases | Limited Landlord Responsibilities | Diversified Tenant Lineup | Recent Lease Extensions
- Adjacent Publix-Anchored Center | Surrounding Retail
- Two Adjacent Parcels | Recent Improvements | Redevelopment Opportunity
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,960.00
$12,163.33/mo
Valuation Metrics
0
DSCR
6.98%
Cap Rate
6.98%
ROI
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