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231-470 Citi Centre St
Winter Haven, FL 33880
Winter Haven Citi Centre · Retail Property For Sale
Investment Highlights
- Situated as the main retail shopping thoroughfare within the submarket, the immediate trade area has experienced 45% population growth
- Zoned C-3 (Commercial – Highway) allows for a variety of by-right uses including retail, medical, hotel, office and multifamily (200 Units/AC).
- The asset features a five-mile population count of 117,198 people and a trade area of over 300,000 people (per Placer.AI).
- IMMEDIATE UPSIDE Featuring a current occupancy of 51%, Winter Haven Citi Centre affords ownership the ability to drive NOI
- Situated between 1st St S (29,000 VPD) and Rt 17 (25,600 VPD) and just north of Cypress Gardens Blvd, tying together two major retail thoroughfares
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
188,363 SF
Building Class
B
Year Built/Renovated
1971/2011
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
16.16 AC
Zoning
C-3 - (Commercial – Highway) allows for a variety of by-right uses including retail, medical, hotel, office and multifamily (200 Units/AC).
Parking
882 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 26-28-29-620500-000013 | Improvements Assessment | $12,380,849 |
| Land Assessment | $1,583,460 | Total Assessment | $8,082,304 |
Property Taxes
Parcel Number
26-28-29-620500-000013
Land Assessment
$1,583,460
Improvements Assessment
$12,380,849
Total Assessment
$8,082,304
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