INVESTMENT OPPORTUNITY: $143,265 NOI, Proforma Available, Profitable Center, Price Reduction Retail Strip Center in the heart of Milton, FL. The strip center is 20,962 SF with 8 units. Currently, there there is one vacant unit giving the center a 4% vacancy rate. There is more potential with the property. Strong leases in place. The property is offered at an 11% CAP rate with a proforma available. Please contact agent for a confidentiality agreement. Ã¢â¿¬Â¢ Parcel Dimensions 315 x 480 Ã¢â¿¬Â¢ Zoned C2 Ã¢â¿¬Â¢ 22,000 AADT Ã¢â¿¬Â¢ Excellent Ingress/Egress Ã¢â¿¬Â¢ Superior Parking/115 parking spaces Ã¢â¿¬Â¢ High Visibility/Located on heavily traveled HWY 89 Ã¢â¿¬Â¢ Units have dedicated rear access road and rear entrances to each unit. Ã¢â¿¬Â¢ Access from Dogwood Drive and Hamilton Beach Rd. Ã¢â¿¬Â¢ 78,200 SF Asphalt Ã¢â¿¬Â¢ Brand new exterior/canopy LED lights, Pylon Sign Ã¢â¿¬Â¢ Professionally Managed
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Please call (850) 433-0577.
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