For Sale
$5,557,057

3210 Hwy 27 Sebring, FL 33870

High-Yield Florida Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents DeSoto Square Shopping Center, a 47,150-square-foot, 99% occupied shopping center situated in Sebring, Florida. Boasting a prime location on US Highway 27, a major retail corridor with 33,000 average annual daily traffic, this stabilized property offers significant visibility and accessibility. Built in 1985, the single-story, 16-unit center sits on a 4.24-acre lot and provides a compelling 7.00% cap rate. The multi-tenant property benefits from its location in the established Sebring market, a popular recreational destination. This is a rare chance to acquire a high-performing retail asset with strong tenant occupancy and a proven track record in a desirable Florida location. The asking price is $5,557,057. The property's strong performance and location make it an attractive investment for those seeking a stable, high-yield return. The center's prominent position along a major thoroughfare ensures consistent foot traffic and visibility, contributing to its sustained success. This is a turnkey investment ready for immediate income generation.

Highlights

  • $5,557,057 asking price for a stabilized retail investment.
  • 47,150 square foot shopping center with a 7.00% cap rate.
  • 99% occupancy across 16 units.
  • Located on 4.24 acres at 3210 U.S. Hwy 27 S, Sebring, FL 33870.
  • Single-story, 1985-built property in a prime Sebring, FL location.
  • Broker co-op available.

Property Details for 3210 Hwy 27

Property type
Lifestyle centers, Power centers
Square Feet
47,150 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
184,694 SF
Units
16

Location Insight

City
Sebring
County
Highlands
State
Florida
Latitude
27.469409201672
Longitude
-81.439428108458

FAQs

What type of property is this?
Lifestyle center - High-Yield Florida Retail Investment
Where is the lifestyle center located?
The property is located at 3210 Hwy 27 Sebring, FL.
What is the asking price?
The asking price for this property is $5,557,057.
What are key features of this property?
This property features: $5,557,057 asking price for a stabilized retail investment.; 47,150 square foot shopping center with a 7.00% cap rate.; 99% occupancy across 16 units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3210 Hwy 27
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