Seminole Towne Center | 181 Towne Center Cir
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Seminole Towne Center 181 Towne Center Cir
477,680 SF 100% Leased 4-Star Retail Building Sanford, FL 32771 $22,000,000 ($46/SF)
Investment Highlights
- Asking Price $22,000,000; No DD Period: Quick Close
- Recent new Planned Unit Development Zoning (PUD) allows for variety of residential/commercial uses
- Enclosed Regional Mall, may be vacated, (±324,681 SF), Former Macy’s (±160K SF), 13.5 Acre Development Parcel on total ±69.13 Acres
Executive Summary
• Asking Price $22,000,000; No DD Period: Quick Close
• Enclosed Regional Mall, may be vacated, (±324,681 SF), Former Macy’s (±160K SF), 13.5 Acre Development Parcel on total ±69.13 Acres
• Recent new Planned Unit Development Zoning (PUD) allows for variety of residential/commercial uses
• Survey, PUD, REA Environmental Reports, and other DD material available upon request
• Prime Regional location with visibility to Interstate 4
• Sanford is the largest city in Seminole County, home to several corporate headquarters and top employers including Convergys Corp., AAA, Mitsubishi and AT&T
• Surrounding retailers include: Dillard's, JC Penney, Dick's, Elev8, Target, Marshalls, Ross, Ulta, Burlington, World Market, Five Below, Walmart, Best Buy, Old Navy, Petco, BAM!, Michaels, Floor & Decor
• Enclosed Regional Mall, may be vacated, (±324,681 SF), Former Macy’s (±160K SF), 13.5 Acre Development Parcel on total ±69.13 Acres
• Recent new Planned Unit Development Zoning (PUD) allows for variety of residential/commercial uses
• Survey, PUD, REA Environmental Reports, and other DD material available upon request
• Prime Regional location with visibility to Interstate 4
• Sanford is the largest city in Seminole County, home to several corporate headquarters and top employers including Convergys Corp., AAA, Mitsubishi and AT&T
• Surrounding retailers include: Dillard's, JC Penney, Dick's, Elev8, Target, Marshalls, Ross, Ulta, Burlington, World Market, Five Below, Walmart, Best Buy, Old Navy, Petco, BAM!, Michaels, Floor & Decor
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
477,680 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1995
Price
$22,000,000
Price Per SF
$46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
43.84 AC
Zoning
PD - Planned Development
Parking
5,600 Spaces (4.85 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Enclosed Mall
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 29-19-30-5LW-0100-0000 | Improvements Assessment | $11,748,012 |
| Land Assessment | $11,875,755 | Total Assessment | $23,623,767 |
PROPERTY TAXES
Parcel Number
29-19-30-5LW-0100-0000
Land Assessment
$11,875,755
Improvements Assessment
$11,748,012
Total Assessment
$23,623,767
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Seminole Towne Center | 181 Towne Center Cir
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