17860 109Th AveSummerfield, FL 34491

This exceptional 42,220 square foot shopping center in Summerfield, Florida, presents a compelling investment opportunity. Boasting a 100% occupancy rate and a strong net operating income (NOI) of $814,000, this stabilized asset offers a 6.64% cap rate at an asking price of $12,250,000 ($290.15/sq ft). The property features 23 tenants, including notable names like Pizza Hut, Jimmy John's, and H&R Block, ensuring a diverse revenue stream. Built in 1998, this single-story building sits on a 6.82-acre lot (APN: 6000-200-000) zoned B-2. Located on a highly trafficked US Highway 27, the center benefits from its proximity to The Villages, a rapidly growing master-planned community. The established tenant base and potential for rent increases offer significant upside potential. This property is for sale by owner. Note: A separate, but simultaneously offered property, Spruce Creek Professional Center, is available for purchase individually or as a portfolio.