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| Code: | 3924H23 |  |
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| City: | Sebastian | |||
| Retail Type: | ||||
| Price: | $ 4,750,000 | |||
| Cap. Rate: | ||||
| Tenancy: | ||||
| Retail Sq.Ft.: | 0 | |||
| Lot. Area Sq. Ft.: | 7 | |||
| Parking: | Free Parking, Guest Parking | |||
| Year: | 1992 | |||
| Rare opportunity to purchase a value-add 48,000 SF shopping center, on 7.1 acres of prime commercial land in Sebastian, Florida. Well maintained, national retail tenants with upside potential at substantially less than replacement cost. Tenants include Family Dollar, JJ Manning Pub, Sebastian Pool & Patio Supplies, Chinese Restaurant and more. Property is on 3 adjacent lots, fronting both Sebastian Blvd. and Fleming Street, in the heart of Sebastian - only 1 mile to Sebastian beaches and I-95. Currently the center has 2 vacancies - A Big Box space of 24,422 which was previously a bowling alley/amusement center and a second smaller space totaling 5,449 allowing a new owner to fill these 2 spaces and gain a significant upside. Upside potential to further develop on the 7.1 acres of surface | ||||
Data provided is deemed reliable but not guaranteed. Casa Miami Realty is not responsable for the accuracy of the information listed above. The date relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchising. |
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