49591 Highway 27 | Davenport, FL 33897
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- LoopNet Team
49591 Highway 27
Davenport, FL 33897
Sand Mine Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly Constructed & Stable Income Stream: Built in 2023 with long-term NNN leases and minimal landlord responsibilities.
- Scheduled Rent Increases: Throughout primary terms and option periods.
- High-Traffic Location in Dynamic Retail Corridor: 57,000 vehicles per day with convenient ingress/egress to US-27 on a signalized hard corner.
- Starbucks Endcap with Drive-thru: Investment grade tenant—S&P Credit Rating: BBB+ with a Stable outlook.
- Exponential Growth: 3-Mile Population Growth: 133%; 5-mile Population Growth: 169% (2010-2023); Over 5,000 homes under development in the area.
- Nearby Retailers: Publix, McDonalds, CVS, Chipotle, Twistee Treat, Truist, Wendy’s, Circle K, McDonalds, IHOP, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,700 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.93 AC
Zoning
c - Commercial
Parking
107 Spaces (9.15 Spaces per 1,000 SF Leased)
Frontage
479’ on U.S. 27
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 26-25-13-998012-000030 | Improvements Assessment | $1,165,855 |
| Land Assessment | $1,303,637 | Total Assessment | $2,469,492 |
PROPERTY TAXES
Parcel Number
26-25-13-998012-000030
Land Assessment
$1,303,637
Improvements Assessment
$1,165,855
Total Assessment
$2,469,492
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