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Desoto Square 3310 US Highway 27 S

74,023 SF 100% Leased Retail Building Sebring, FL 33870 For Sale

Investment Highlights

  • Shopping center for lease (+/- 37,187 SF) or sale (57,187 SF)
  • Sale price is below replacement cost
  • +/- 15,000 - 20,000 SF adjacent expansion pad and potential outparcel available
  • +/- 37,187 SF space is divisible to increments as small as 12,000 SF - 15,000 SF
  • Tractor Supply Co. is at below-market rent (inquire for shopping center financials)
  • Signalized entrance to center on US Highway 27 S

Executive Summary

A shopping center is available for lease (approximately 37,187 square feet) or sale (57,187 square feet). The leasable space can be divided into increments as small as 12,000 to 15,000 square feet. The sale price is below the cost of replacement, and Tractor Supply Co. occupies a portion of the center at below-market rent (financial details available upon request). Additionally, there is an adjacent expansion pad of approximately 15,000 to 20,000 square feet and a potential outparcel available. The shopping center sits on a 6.83-acre lot, located in Sebring on US Highway 27 South, which sees 31,000 average daily traffic (AADT). It features a signalized entrance and is shadow anchored by a Winn-Dixie store.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
74,023 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
6.83 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
200 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
382 FT on US-27

Amenities

  • Freeway Visibility
  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2
  • 37,187 SF
  • Retail
  • End Cap
  • 30 Days
Space Size Space Use Position Available
2 37,187 SF Retail End Cap 30 Days

2

Size
37,187 SF
Space Use
Retail
Position
End Cap
Available
30 Days

Nearby Major Retailers

South State Bank
Winn-Dixie
Village Inn
Checkers
Truist
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S-05-35-29-A00-0022-0000
Land Assessment
$0
Improvements Assessment
$3,205,323
Total Assessment
$3,205,323
  • Listing ID: 31391545

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 3310 US Highway 27 S, Sebring, FL 33870

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