917-923 E Oak St | Arcadia, FL 34266
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917-923 E Oak St
Arcadia, FL 34266
Oak Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- With one vacancy and slightly below market rents, Oak Plaza is well positioned for an investor to get in and immediately add value.
- Priced to add value through future development or continuing to cash flow while leasing the two vacancies and cleaning up the financials.
- Oak Plaza is well positioned on Oak Street which is home to many national retailers, including: Walmart, Dollar Tree, Publix, and Walgreens.
- Oak Plaza presents an extremely rare opportunity to acquire an asset at a 10.77% return on in-place income.
- The property recently underwent a resurfacing of the parking lot as well as improvements to the signage.
PROPERTY FACTS
Property Type
Retail
Building Size
6,600 SF
Building Class
C
Year Built
1979
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.80 AC
Zoning
B-3 - Commercial Business
Parking
40 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $228,265 | |
| Land Assessment | $42,164 | Total Assessment | $270,429 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$42,164
Improvements Assessment
$228,265
Total Assessment
$270,429
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