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100% Occupied - 7% +/- CAP - 3 tenants 5035 SE Abshier Blvd 5,416 SF 100% Leased Retail Building Belleview, FL 34420 $699,000 ($129.06/SF) 6.92% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied - 7% +/- CAP Rate
- 180' frontage on SE Abshier Blvd
EXECUTIVE SUMMARY
Investor Alert with current 7%+/- CAP rate! 3 Buildings / 3 Tenant property that is 100% occupied and located along busy U.S. Hwy. 441 in Belleview. Ideally situated between The Villages and Ocala, two of the fastest growing areas in Florida. Tenants include a Diner that has been in place 20+ years, a Barber Shop of which the space was remodeled recently and includes new AC, flooring and windows and a Motel. Great opportunity to own an income producing property in a great location. Showings by appointment only. DO NOT DISTURB TENANTS. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,416 SF
Building Class
C
Year Built/Renovated
1952/2016
Price
$699,000
Price Per SF
$129.06
Cap Rate
6.92%
NOI
$48,352
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.71 AC
Zoning
B4 - Heavy Business
Parking
20 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3742-000-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $330,943 |
PROPERTY TAXES
Parcel Number
3742-000-034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,943
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100% Occupied - 7% +/- CAP - 3 tenants | 5035 SE Abshier Blvd
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