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Exceptional Cash-Flowing Shopping Center 940 N Suncoast Blvd 27 600 pi² 87% Loué Commerce de détail Immeuble Crystal River, FL 34429 5 740 458 $ CAD (207,99 $ CAD/pi²) 5,98% Taux de capitalisation



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Faits saillants de l'investissement
- 2.36 Acres Of Land
- 52 Units of Storage
- Zoned General Commercial
- 15 (17) Retail Spaces
Résumé de l'annonce
South Square is a prime neighborhood shopping center and storage facility featuring 15 retail (17 with splitting) units and 52 storage units situated on approximately 2.36 acres of prime commercial property with over 400 feet of frontage along US-19/98 (±32,000 AADT) within the Tampa–St. Petersburg MSA, the 18th largest metropolitan area in the United States.
This well-maintained center offers a versatile mix of suite sizes ranging from 720 SF to 3,200 SF and is occupied by a diverse tenant base including medical and professional offices, retail businesses, beauty services, and other long-standing local tenants. The storage component includes 52 units, providing an additional and complementary income stream.
With significant room for growth, investors have the opportunity to enhance revenue by aligning below-market rental rates and implementing standard NNN expense recoveries for CAM, insurance, and real estate taxes, which are currently limited. Combined with modest rent adjustments and the leasing of two vacant retail units, a new owner has the potential to increase net operating income 7.29% stabilized cap rate, while maintaining minimal vacancy in the storage component.
Actual Cash Flow Summary
Potential Rental Income: $ 285,529
Less Vacancy: ($44,589)
Effective Rental Income: $249,430.15
Other Income (Storage): $52,194.46
Gross Operating Income: $325,952.86
Expenses: $76,523.00
Net Operating Income: $ 249,430.15
Cap Rate: 5.98%
Pro Forma Cash Flow Summary
Potential Rental Income: $ 354,225.43
Less Vacancy: ($0)
Effective Rental Income: $354,225.43
Other Income (Storage): $ 52,194.46
Gross Operating Income: $406,419.89
Expenses: $100,041.00
Net Operating Income: $ 306,379.17
Cap Rate: 7.34%
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
- Market Information
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
$99,999
|
$9.99
|
| Perte due à l’inoccupation |
$99,999
|
$9.99
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Dépenses d’exploitation |
-
|
-
|
| Total des dépenses |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
Faits sur la propriété
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Fin du bail
- Airdown
- -
- -
- -
-
Jan 0000
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Fin du bail | ||
| Airdown | - | - | - | Jan 0000 |
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Poste
- Disponible
Prime Medical Office | ±1,600 SF | US-19 Crystal River Located in the heart of Crystal River along US-19 with exposure to over 32,500 vehicles per day, this well-positioned medical office serves a surrounding trade area of approximately 27,500 residents spending more than $76 million annually on healthcare, with the majority of expenditures concentrated in physician services. The location provides strong patient demand and convenient regional access within a 15-minute drive time of Homosassa, Lecanto, Downtown Crystal River, and Kings Bay. This ±1,600 SF medical suite offers a functional layout including a reception area, five exam rooms, X-ray room, private office, breakroom, shared workspace/common area, and three ADA-compliant restrooms. The suite features a large glass storefront allowing abundant natural light into the lobby, workspace, and office areas, creating a welcoming environment for patients and staff alike. Interior improvements include durable tile flooring and built-in cabinetry, allowing for immediate occupancy with minimal build-out required. Located within South Square, a well-established neighborhood center comprised of 17 units with a long-standing tenant mix of medical, professional office, and retail businesses. The diverse tenant base creates strong daily traffic and a consistent client draw, providing additional visibility and walk-in potential. Neighboring the center is a strong concentration of national retailers and regional destinations, including Home Depot, along with the nearby Crystal River Airport, generating steady daily traffic in the immediate trade area. The property also benefits from the recent six-lane expansion of US-19, which now extends into Hernando County, significantly improving regional connectivity and increasing traffic flow along this primary commercial corridor.
| Espace | Taille | Utilisation de l’espace | Poste | Disponible |
| 1er étage | 1 600 pi² | Commerce de détail | En ligne | Maintenant |
1er étage
| Taille |
| 1 600 pi² |
| Utilisation de l’espace |
| Commerce de détail |
| Poste |
| En ligne |
| Disponible |
| Maintenant |
1er étage
| Taille | 1 600 pi² |
| Utilisation de l’espace | Commerce de détail |
| Poste | En ligne |
| Disponible | Maintenant |
Prime Medical Office | ±1,600 SF | US-19 Crystal River Located in the heart of Crystal River along US-19 with exposure to over 32,500 vehicles per day, this well-positioned medical office serves a surrounding trade area of approximately 27,500 residents spending more than $76 million annually on healthcare, with the majority of expenditures concentrated in physician services. The location provides strong patient demand and convenient regional access within a 15-minute drive time of Homosassa, Lecanto, Downtown Crystal River, and Kings Bay. This ±1,600 SF medical suite offers a functional layout including a reception area, five exam rooms, X-ray room, private office, breakroom, shared workspace/common area, and three ADA-compliant restrooms. The suite features a large glass storefront allowing abundant natural light into the lobby, workspace, and office areas, creating a welcoming environment for patients and staff alike. Interior improvements include durable tile flooring and built-in cabinetry, allowing for immediate occupancy with minimal build-out required. Located within South Square, a well-established neighborhood center comprised of 17 units with a long-standing tenant mix of medical, professional office, and retail businesses. The diverse tenant base creates strong daily traffic and a consistent client draw, providing additional visibility and walk-in potential. Neighboring the center is a strong concentration of national retailers and regional destinations, including Home Depot, along with the nearby Crystal River Airport, generating steady daily traffic in the immediate trade area. The property also benefits from the recent six-lane expansion of US-19, which now extends into Hernando County, significantly improving regional connectivity and increasing traffic flow along this primary commercial corridor.
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 17E-18S-34-0000-44110 | Évaluation des bâtiments | 1 413 543 $ CAD |
| Évaluation du terrain | 469 498 $ CAD | Évaluation totale | 1 883 041 $ CAD |
Impôts fonciers
Présenté par
Exceptional Cash-Flowing Shopping Center | 940 N Suncoast Blvd
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