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Crown Centre II 2612-2620 Enterprise Rd

103,399 SF 100% Leased Retail Building Debary, FL 32713 $15,500,000 ($150/SF) 7.28% Cap Rate

Retail Space Florida Debary 2612-2620 Enterprise Rd, Debary, FL 32713

Investment Highlights

  • 103,999 Rentable SF Community Shopping Center Anchored by Bealls, Bealls HomeCentric and Badcock Home Furniture
  • First Time On-Market in Over 20 Years
  • Substantial Recent Cap-Ex | Over $2.2MM Spent in 2023 on Interior Renovations for Bealls and Bealls Outlet | HomeCentric
  • Shadow-Anchored by Publix Supermarket | Publix Purchased Their Own Center in 2014 for $20MM+ Showing Strong Commitment to This Area
  • Desirable WALT (Weighted Average Lease Term) -- 7.18 Years

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
103,399 SF
Building Class
B
Year Built/Renovated
1990/2023
Price
$15,500,000
Price Per SF
$150
Cap Rate
7.28%
NOI
$1,128,726
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
14.33 AC
Parking
374 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
505 FT on Enterprise Rd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
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Nearby Major Retailers

Planet Fitness
Rent-A-Center
Starbucks
Trustco Bank
Five Guys
PNC Bank
La Fitness
Regions Bank
Truist
Chase Bank

PROPERTY TAXES

Parcel Number 8023-00-00-0097 Improvements Assessment $5,066,149
Land Assessment $2,497,148 Total Assessment $7,563,297

PROPERTY TAXES

Parcel Number
8023-00-00-0097
Land Assessment
$2,497,148
Improvements Assessment
$5,066,149
Total Assessment
$7,563,297
(407) 557-3847

Contacts

  • Listing ID: 32323702

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 2612-2620 Enterprise Rd, Debary, FL 32713

More public record information on 2612-2620 Enterprise Rd, Debary, FL 32713

The Retail Property at 2612-2620 Enterprise Rd, Debary, FL 32713 is currently available for sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Crown Centre II | 2612-2620 Enterprise Rd
(407) 557-3847 x

Crown Centre II | 2612-2620 Enterprise Rd

1/4

Ray Turchi

(407) 557-3847

(407) 557-3847

David Vaughan

(407) 557-3829

(407) 557-3829

Alan Lipsky

(954) 245-3592

(954) 245-3592

Barry Wolfe

(954) 245-3416

(954) 245-3416

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