11223 Williams St Dunnellon, FL 34432
Florida Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 48,509 SF shopping center in Dunnellon, FL, 100% occupied, with a strong NOI of $505,131.
- NNN leases, anchored by Aldi and Dollar Tree (corporate guarantees), offering below-market rents with upside potential.
- $10.16 average gross rent per square foot; 5.39-year weighted average lease term (WALT).
- $2.5M+ in renovations completed in 2019; essential/necessity-based retailers, resilient to economic downturns.
- Prime US 41 location, high visibility, six points of ingress/egress; adjacent to Comfort Suites, across from Publix-anchored center and McDonald's.
Property Details for 11223 Williams St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 48,509 SF
- Class
- B
- Year Built/Renovated
- 1993/2019
- Stories
- 1
- Lot Size (sq. ft)
- 233,046 SF
Location Insight
- City
- Dunnellon
- County
- Marion
- State
- Florida
- Latitude
- 29.060574429894
- Longitude
- -82.453692717286
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Florida Retail Investment Opportunity
- Where is the lifestyle center located?
- The property is located at 11223 Williams St Dunnellon, FL.
- What is the asking price?
- The asking price for this property is $8,215,000.
- What are key features of this property?
- This property features: 48,509 SF shopping center in Dunnellon, FL, 100% occupied, with a strong NOI of $505,131.; NNN leases, anchored by Aldi and Dollar Tree (corporate guarantees), offering below-market rents with upside potential.; $10.16 average gross rent per square foot; 5.39-year weighted average lease term (WALT).
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