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110 Town Center Blvd
Sanford, FL 32771
Value-Add Retail Center For Sale | 6.50% CAP · Retail Property For Sale
Investment Highlights
- Located on the way to and from Seminole Towne Center Mall which is currently being redeveloped into a super-regional mixed-use project
- Rent is secured by Mattress Firm (2,300 locations) and Optical Outlets (50+ locations) both with long-term corporate leases
- Fixed rental increases provides hedge against inflation
- Full access from signalized intersection with prominent visibility along Towne Center Blvd. and pylon signage fronting SR-46 (35,500 VPD)
- The building received a new roof in 2022 and 3 new HVAC units in 2023
- Fee simple ownership allows for depreciation boosting after tax returns
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,191 SF
Building Class
B
Year Built/Renovated
1998/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.91 AC
Zoning
PD - Planned Development
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
143’ on N Town Road
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 29-19-30-504-0000-0040 | Improvements Assessment | $1,082,270 |
| Land Assessment | $631,822 | Total Assessment | $1,714,092 |
Property Taxes
Parcel Number
29-19-30-504-0000-0040
Land Assessment
$631,822
Improvements Assessment
$1,082,270
Total Assessment
$1,714,092
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