5675 US-90 | Milton, FL 32583
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- LoopNet Team
5675 US-90
Milton, FL 32583
ROCKWELL PLAZA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a newly renovated shopping center for below replacement cost.
- Below market rents give an opportunity for new Ownership to increase cash flow within the first 12 months
- Almost 40,000 vehicles per day along Highway 90
- Short-term leases allow for new ownership to raise rents within the first 12 months
- Existing gross leases can be upgraded to NNN as expirations occur
- 5-minutes from Walmart, Home Depot, Lowes, Target, Publix, and many more national retailers
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,528 SF
Building Class
C
Year Built/Renovated
1985/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.42 AC
Zoning
C - General Commercial
Parking
41 Spaces (3.89 Spaces per 1,000 SF Leased)
Frontage
555 FT on Caroline Street
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $348,089 | |
| Land Assessment | $461,170 | Total Assessment | $809,259 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$461,170
Improvements Assessment
$348,089
Total Assessment
$809,259
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