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Shoppes of Belleview 5810-5840 SE Abshier Blvd 24,943 SF 74% Leased Retail Building Belleview, FL 34420 For Sale

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INVESTMENT HIGHLIGHTS

  • Value Add Opportunity
  • Out Parcel Development Upside
  • Recent Capital Improvements
  • Growth Corridor

EXECUTIVE SUMMARY

- Value-Add Opportunity: 26% vacancy offers an estimated $103,000 increase in NOI, with a projected value uplift of approximately $1.4 million — ideal for investors targeting income and appreciation upside.
- Strategic Growth Corridor with Excellent Accessibility: Located in Belleview, FL—between the high-growth markets of Ocala and The Villages—this property benefits from regional population and infrastructure expansion, including new medical developments, and features two convenient access points that ensure smooth traffic flow and customer ease.
- Recent Capital Improvements: A new roof enhances long-term durability and reduces near-term capital expenditure for the next owner.
- Complementary Daily-Needs Tenant Mix: Includes Domino’s Pizza, T-Mobile, a smoke shop, and a Hispanic grocery — creating a synergistic blend of service- and necessity oriented tenants that support recurring consumer visits
- Outparcel Development Upside: Ownership is offering adjacent land parcels of 1.15 and 0.91 acres (not included in sale price) for future development or ground lease opportunities. Both outparcels valued at $800,0000

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
24,943 SF
Building Class
C
Year Built
1963
Percent Leased
74%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.89 AC
Zoning
B2 - Community Business

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Domino’s Pizza, Inc. is a multinational pizza restaurant chain specializing in delivery and carry-out services. The company was founded in 1960 in Ypsilanti, Michigan, by brothers Tom and James Monaghan, originally operating as DomiNick’s. Domino’s adopted its current name in the mid-1960s and grew rapidly through franchising, establishing itself as one of the most recognizable pizza brands worldwide.

  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

  • Information
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

T-Mobile US, Inc. is a leading telecommunications company offering wireless voice, messaging, and data services across the United States. Founded in 1994 as VoiceStream Wireless, the company was later acquired by Deutsche Telekom in 2001 and rebranded as T-Mobile. Headquartered in Bellevue, Washington, T-Mobile operates under its flagship brand and Metro by T-Mobile, serving millions of customers nationwide. The company has grown significantly through strategic mergers and acquisitions, including its 2013 merger with MetroPCS and its 2020 acquisition of Sprint, which expanded its network coverage and customer base. In recent years, T-Mobile has continued to innovate in 5G technology and expand its service offerings, including home internet solutions. T-Mobile is publicly traded on NASDAQ under the ticker symbol TMUS and remains majority-owned by Deutsche Telekom.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Information - $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Bank of America
Checkers
Sonny"s Real Pit Bar B-Q
Truist
SouthState Bank
Regions Bank
Publix
China Max
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38215-002-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,165,256
  • Listing ID: 38986523

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 5810-5840 SE Abshier Blvd, Belleview, FL 34420

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