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8590 E CR-466 12,040 SF 100% Leased Retail Building Lady Lake, FL 32162 $9,213,072 CAD ($765.21 CAD/SF) 5.12% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic
- Located in The Villages
- 100% occupied with excellent tenants
EXECUTIVE SUMMARY
Multi-tenant retail center, 100% occupied by the Best Flooring Center, Johnny's Birdie Golf, Wood Kitchen & Bath, and Village Discount Golf Car. The property is 12,050 square feet on over 1.9 acres. It is located on a busy corridor in The Villages, C-466 with over 23,000 vehicles per day.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,040 SF
Building Class
C
Year Built
2008
Price
$9,213,072 CAD
Price Per SF
$765.21 CAD
Cap Rate
5.12%
NOI
$471,852 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.94 AC
Parking
66 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
192’ on Cr-466 Hwy
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | D13-101 | Improvements Assessment | $1,915,856 CAD |
| Land Assessment | $2,136,171 CAD | Total Assessment | $4,052,027 CAD |
PROPERTY TAXES
Parcel Number
D13-101
Land Assessment
$2,136,171 CAD
Improvements Assessment
$1,915,856 CAD
Total Assessment
$4,052,027 CAD
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8590 E CR-466
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