Lakeshore Mall
Lakeshore Mall
Marketing description
For registration requirements and regulations, please review here or contact Blake Batula | 916.380.7406 | [email protected].
Lakeshore Mall at 901 U.S. Highway 27 N, Sebring, FL 33870 offers a rare opportunity to acquire the only regional mall serving Sebring and its extended trade area. Spanning approximately 494,056 square feet on 73.35 acres, this established retail destination combines in-place income with compelling upside through lease-up and repositioning potential. Currently 75.7% leased, the property is anchored by a powerful lineup including Belk, Bealls, AMC Cinema 8, and Planet Fitness, creating steady daily traffic and strong regional draw. The offering also features significant value-add potential with 57,864 square feet of available small shop space and a 62,120-square-foot vacant former JCPenney anchor box. Positioned along Sebring’s primary retail corridor on U.S. Highway 27, Lakeshore Mall benefits from limited competition and proximity to a dense concentration of national retailers, restaurants, and services. As the retail and commercial hub of Highlands County, Sebring delivers dependable local demand, while tourism and major events at Sebring International Raceway provide additional traffic throughout the year. This is a unique chance to invest in a dominant regional retail asset with durable anchors, scale, visibility, and meaningful upside!
- Non-Contingent
- Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
901 US Hwy 27 N, Sebring, FL 33870
Investment highlights
- NAI Burns Scalo is pleased to exclusively present the opportunity to acquire Lakeshore Mall, a 494,056 square foot regional mall located in Sebring, Florida and is situated on 73.35 acres. The Mall, with its impressive line-up of industry-leading anchor tenants, has a tremendous draw as the only regional mall serving an extended trade area. A prospective purchaser has the opportunity to generate strong income yields today and invest in a value enhancement strategy that will position Lakeshore Mall for renewed growth.
- The Mall, which is 75.7% leased, is anchored by AMC Cinema 8, Bealls Department Store, Belk Department Store, Planet Fitness, YourStorageUnits, and Rural King. The offering includes 494,056 square feet, but excludes the separately owned Rural King parcel, formerly Sears, YourStorageUnits - a 86,479square feet storage facility, and all of the out parcels. There is 97,059 square feet of small shop space, which 57,874 is available. In addition to the small shop space, the property includes a vacant anchor formerly occupied by JCPenney, comprising 62,120 square feet.
- The Mall has been a stable and consistent performer due to its strong anchor/major line-up and lack of competition within an extended geographic trade area. The Property is complemented by the nearby Shops at Shelby Crossing, which is located one mile north. Combined, these two retail centers have helped to establish and solidify US Highway 27’s Sebring retail corridor as the most substantial retail offering within 35 miles.
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