2009 S McCall Rd, Englewood, FL 34223
Multi-Tenant Building
Marketing description
2009 S McCall Rd in Englewood, FL presents a compelling value-add investment opportunity with multiple paths to upside, including lease-up and potential redevelopment. The property is currently only partially occupied, with roughly half of the building leased, creating immediate opportunity to increase NOI through backfilling vacant space and improving tenant mix. Existing leases run through 2026, providing short-term income while giving a buyer flexibility to restructure rents, renew tenants, or reposition the asset upon expiration. Given the vacancy and layout, the site also offers longer-term redevelopment potential for a higher and better use depending on market demand. Situated on a well-trafficked corridor with strong visibility and accessibility, this is an ideal opportunity for an investor looking to execute a lease-up strategy, explore redevelopment, or combine both to
maximize value.
Investment highlights
- Value-add opportunity with only ~50% occupancy, allowing for significant NOI growth through lease-up
- Immediate upside by backfilling vacant space and increasing rents to market levels
- Existing in-place income provides partial cash flow during execution of business plan
- All leases rolling in 2026, creating flexibility to reset rents, re-tenant, or fully reposition the asset
- Multiple exit strategies including stabilized hold, refinance, or disposition post lease-up
- Redevelopment potential offers long-term upside for a higher and better use depending on demand
- Strong visibility and access along S McCall Rd, supporting leasing velocity and tenant demand
- Ideal for an investor looking to create value through active asset management and strategic repositioning
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