901 US Highway 27 N
Sebring, FL 33870
Lakeshore Mall · Retail Property For Sale

Property includes tenants AMC Dine-in Lakeshore 8 (26,188 SF), Bealls (45,844 SF), Belk (61,029 SF), JCPenney (62,120 SF) and Sears (not owned). AMC Dine-in Theatres recently executed a 10-year extension in late 2018 and completed a $2.6M renovation of its space, making Lakeshore Mall’s cinema the dominant movie theatre in a 50-60 mile radius for the entire market area. Advantageous positioning along Highway 27, Central Florida’s primary north-south thoroughfare with 41,000 AADT. Constructed in 1992 and renovated in 2014/2015, current ownership has recently invested more than $1,700,000 in capital improvements, including new roofs over the JCPenney and Bealls. JCPenney also recently remodeled its interior. Lakeshore Mall is a stable and consistent performer drawing local shoppers who face lengthy transit times to competing properties. Nearby retailers include Lowe’s, Walmart and Home Depot. The closest significant competing regional mall is located approximately 1 hour away, gainfully positioning the Property as the sole mall to serve the markets surrounding Sebring, and its growing number of relatively affluent retirees.