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1058 Berkley Rd 9,476 SF Retail Building Auburndale, FL 33823 For Sale
Investment Highlights
- Average household income: $88,845 withing 3 miles; $89,709 within 5 miles radius.
- Excellent redevelopment opportunity with flexible positioning including retail, medical, service, or community used.
- Lease term secured through January 2030 with three (3) additional five-year options extending potential occupancy through January 2045.
Executive Summary
CASH FLOWING REDEVELOPMENT OPPORTUNITY FAMILY DOLLAR
- The property offers investors the ability to generate in-place income while evaluating long-term redevelopment, repositioning, or alternative use opportunities supported by the existing cash flow.
- 9,476 SF freestanding retail box on 1.1 acre
- The lease includes a mutual termination right, providing added flexibility and optionality for future redevelopment, repositioning, or long-term investment strategy execution.
- Projected rental income of $189K; $20 NNN. Supporting strong investment returns
- Located 0.9 miles to the Polk Pkwy exit. Incentives available to qualified tenants. 1-mile from the Walmart Supercenter. Ample parking.
- The property offers investors the ability to generate in-place income while evaluating long-term redevelopment, repositioning, or alternative use opportunities supported by the existing cash flow.
- 9,476 SF freestanding retail box on 1.1 acre
- The lease includes a mutual termination right, providing added flexibility and optionality for future redevelopment, repositioning, or long-term investment strategy execution.
- Projected rental income of $189K; $20 NNN. Supporting strong investment returns
- Located 0.9 miles to the Polk Pkwy exit. Incentives available to qualified tenants. 1-mile from the Walmart Supercenter. Ample parking.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,476 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.10 AC
Zoning
C - COMMERCIAL/INDUSTRIAL
Parking
31 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
264’ on Berkley Rd
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-28-04-319001-015010 | Improvements Assessment | $700,206 |
| Land Assessment | $287,940 | Total Assessment | $988,146 |
Property Taxes
Parcel Number
25-28-04-319001-015010
Land Assessment
$287,940
Improvements Assessment
$700,206
Total Assessment
$988,146
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1058 Berkley Rd
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