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12859-12871 SW Sr-45 16,290 SF Retail Building Archer, FL 32618 $2,500,000 ($153.47/SF) 11.82% Cap Rate



Executive Summary
Turnkey investment opportunity in the heart of Archer! This fully operational Save-A-Lot grocery store offers over 17,000 square feet of retail space on a generous 2.88-acre commercial lot with prime frontage on State Road 45. Built in 1978 and meticulously maintained, the property features central air conditioning, rooftop turbine ventilation, vinyl flooring, and two full restrooms. With a strong community presence and a loyal customer base, the store generates steady income and boasts an impressive 11.82% cap rate and $295,000+ in annual net operating income. Zoned for commercial retail use and equipped with ample parking and public utilities, this property presents a rare chance to acquire a cash-flowing asset with room for expansion or enhancement. Whether you’re an investor or an owner-operator, this established business is ready to deliver.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
16,290 SF
Building Class
C
Year Built
1968
Price
$2,500,000
Price Per SF
$153.47
Cap Rate
11.82%
NOI
$295,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.88 AC
Zoning
C-2 - General Commercial
Parking
75 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
137’ on SW Sr-45
Amenities
- Signage
Property Taxes
| Parcel Number | 04909-004-000 | Improvements Assessment | $611,834 |
| Land Assessment | $313,632 | Total Assessment | $925,466 |
Property Taxes
Parcel Number
04909-004-000
Land Assessment
$313,632
Improvements Assessment
$611,834
Total Assessment
$925,466
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12859-12871 SW Sr-45
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