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- LoopNet Team
7531-7571 Osceola Polk Line Rd
Davenport, FL 33896
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 95% leased Retail Plaza in the fastest growing market
- Benefit from the area appreciation
- Phase 1 - 12,000 +/- sq ft built in 2007
- Enjoy high CAP from lower than market rents
- 19 unit Retail Strip with 25,000+/- sq ft and no big box
- Phase II - 13,000 +/- sq ft built in 2015
PROPERTY FACTS
ABOUT 7531-7571 OSCEOLA POLK LINE RD , DAVENPORT, FL 33896
This is a rare find, built in 2 phases. Phase I, comprising of approximately 12,000+/- sq ft was built in 2007 and Phase II, approximately 13,000+/- sq ft was built in 2015. Total 19 units configured for 12 tenants. The plaza currently enjoys 95% occupancy with all tenants current on their terms. Owner acquired property and built Phase II and has enjoyed year over year of growth and positive income. The area has seen tremendous growth in the last 3-5 years and continues to grow with recent developments like WAWA, Tire Kingdom, Taco Bell, new apartments / multi-family developments and a hospital planned by the property.
PROPERTY TAXES
| Parcel Number | 35-25-27-2566-0001-0020 | Improvements Assessment | $5,001,900 |
| Land Assessment | $2,378,800 | Total Assessment | $7,380,700 |
