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Gamestop & Verizon 6751 N Church Ave 4,650 SF 66% Leased Retail Building Mulberry, FL 33860 $2,000,000 ($430.11/SF) 6% Cap Rate
Investment Highlights
- Florida is an Income Tax–Free State
- Top-Ranking Walmart Supercenter per Placer.ai | 2.8 Million+ Visits Annually
- Verizon is Currently Paying a Replaceable Rent of $24.92/SF | Neighboring AT&T is Currently Paying $48.88/SF
- Two-Tenant Strip Center Positioned as an Outparcel to a High Performing Walmart Supercenter
- Verizon Operated by TCC (ABC Phone of North America) | Leading Verizon Authorized Retailer with 700+ Stores Across the U.S.
- GameStop Has Successfully Operated at This Location Since 2004 (+20 Years) | Proven Location Paying Below-Market Rent
Executive Summary
Florida is an Income Tax–Free State
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,650 SF
Building Class
B
Year Built
2004
Price
$2,000,000
Price Per SF
$430.11
Cap Rate
6%
NOI
$120,006
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.49 AC
Zoning
PUD - Planned Unit Development
Parking
16 Spaces (3.44 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,600 SF | Retail | - | Now |
1st Floor
| Size |
| 1,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,600 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-29-25-141921-000022 | Improvements Assessment | $509,595 |
| Land Assessment | $296,884 | Total Assessment | $806,479 |
Property Taxes
Parcel Number
23-29-25-141921-000022
Land Assessment
$296,884
Improvements Assessment
$509,595
Total Assessment
$806,479
Contacts
-
Deno Bistolarides -
Gino Kassab -
Leonard Minuto -
Dante Hargis -
Encore Real Estate Investment Services
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Gamestop & Verizon | 6751 N Church Ave
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