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Perry Village Shops 1920 S Jefferson St 11,500 SF 100% Leased Retail Building Perry, FL 32348 $3,252,000 ($282.78/SF) 7% Cap Rate



Investment Highlights
- 100% occupied retail center with six tenants on NNN leases
- H&R Block has been at the center since its construction in 2008 and recently signed a lease renewal, showing a strong commitment to the site
- The roof was replaced in 2023 and has a 20-year warranty
- Four of the six tenants, or 72.9% of the GLA, are national brands
- Shadow-anchored by a Walmart Supercenter
- All HVAC units were replaced from 2022-2024
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Property Facts
Sale Type
Investment NNN
Property Type
Building Size
11,500 SF
Building Class
B
Year Built
2006
Price
$3,252,000
Price Per SF
$282.78
Cap Rate
7%
NOI
$227,654
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
CI - Commercial Intensive - City of Perry
Parking
55 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
286’ on South Jefferson Street
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-04-07-04789-520 | Improvements Assessment | $1,817,390 |
| Land Assessment | $192,860 | Total Assessment | $2,010,250 |
Property Taxes
Parcel Number
25-04-07-04789-520
Land Assessment
$192,860
Improvements Assessment
$1,817,390
Total Assessment
$2,010,250
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Perry Village Shops | 1920 S Jefferson St
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