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Desoto Square 3310 US Highway 27 S 74,023 SF 100% Leased Retail Building Sebring, FL 33870 $4,450,000 ($60.12/SF)
INVESTMENT HIGHLIGHTS
- Shopping center for lease (+/- 37,187 SF) or sale (57,187 SF)
- Sale price is below replacement cost
- +/- 15,000 - 20,000 SF adjacent expansion pad and potential outparcel available
- +/- 37,187 SF space is divisible to increments as small as 12,000 SF - 15,000 SF
- Tractor Supply Co. is at below-market rent (inquire for shopping center financials)
- Signalized entrance to center on US Highway 27 S
EXECUTIVE SUMMARY
A shopping center is available for lease (approximately 37,187 square feet) or sale (57,187 square feet). The leasable space can be divided into increments as small as 12,000 to 15,000 square feet. The sale price is below the cost of replacement, and Tractor Supply Co. occupies a portion of the center at below-market rent (financial details available upon request). Additionally, there is an adjacent expansion pad of approximately 15,000 to 20,000 square feet and a potential outparcel available. The shopping center sits on a 6.83-acre lot, located in Sebring on US Highway 27 South, which sees 31,000 average daily traffic (AADT). It features a signalized entrance and is shadow anchored by a Winn-Dixie store.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
74,023 SF
Building Class
C
Year Built
1984
Price
$4,450,000
Price Per SF
$60.12
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
6.83 AC
Opportunity Zone
Yes
Zoning
C1 - Neighborhood Commercial
Parking
371 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
382’ on US-27
AMENITIES
- Freeway Visibility
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Retail or industrial
| Space | Size | Space Use | Position | Available |
| 2 | 37,187 SF | Retail | End Cap | 30 Days |
2
| Size |
| 37,187 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
2
| Size | 37,187 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Retail or industrial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | S-05-35-29-A00-0022-0000 | Improvements Assessment | $3,196,468 |
| Land Assessment | $0 | Total Assessment | $3,196,468 |
PROPERTY TAXES
Parcel Number
S-05-35-29-A00-0022-0000
Land Assessment
$0
Improvements Assessment
$3,196,468
Total Assessment
$3,196,468
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Desoto Square | 3310 US Highway 27 S
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