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DeDoto Square 3210 US 27 S hwy

47,150 SF 100% Leased Retail Building Sebring, FL 33870 $5,557,057 ($118/SF) 7% Cap Rate

Retail Space Florida Sebring 3210 US 27 S hwy, Sebring, FL 33870

Investment Highlights

  • Opportunity to acquire an 99% occupied shopping center on approximately 4.24 acres of land fronting US Highway 27 S (33,000 AADT), Sebring, FL.
  • DeSoto is being offered free and clear of existing debt
  • Conveniently located in a dense and affluent submarket that contains a population of more than 38,900 and a household income of over 82,000

Executive Summary

RMC is pleased to offer for sale DeSoto Square Shopping Center (“The Center”), a 47,150 square-foot shopping center located in Sebring, FL. This offering provides investors the opportunity to acquire a 99% occupied shopping center in the mature and infill Sebring, FL market. The center has a prominent location along US Highway 27 (33,000 AADT), which is a main retail corridor in Sebring that serves as a prime recreational destination for the submarket. The Center has great visibility and access along US Highway 27 Sebring.

Attachments

Confidentiality and Non-Disclosure Agreement 2024 - DeSoto Square

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
47,150 SF
Building Class
C
Year Built
1987
Price
$5,557,057
Price Per SF
$118
Cap Rate
7%
NOI
$388,994
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
4.24 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
300 FT on Desoto Road
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Nearby Major Retailers

Winn-Dixie
Village Inn
Checkers
Truist
Publix
South State Bank
Cross Fit Sebring

PROPERTY TAXES

Parcel Number S-05-35-29-A00-0023-0000 Improvements Assessment $2,335,862
Land Assessment $0 Total Assessment $2,335,862

PROPERTY TAXES

Parcel Number
S-05-35-29-A00-0023-0000
Land Assessment
$0
Improvements Assessment
$2,335,862
Total Assessment
$2,335,862
(813) 712-3068

Contact

  • Listing ID: 33273124

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 3210 US 27 S hwy, Sebring, FL 33870

More public record information on 3210 US 27 S hwy, Sebring, FL 33870

The Retail Property at 3210 US 27 S hwy, Sebring, FL 33870 is currently available for sale. Contact RMC Property Group for more information.

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DeDoto Square | 3210 US 27 S hwy
(813) 712-3068 x

DeDoto Square | 3210 US 27 S hwy

Brandon Eggleston

(813) 712-3068

(813) 712-3068

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