315 Summerlin StBartow, FL 33830

This exceptional investment opportunity presents a fully leased, multi-tenant retail property situated in the heart of Downtown Bartow, Florida, at 315 E Summerlin St, 33830. The property encompasses two buildings totaling 12,702 gross square feet (11,472 net rentable square feet) on a 0.44-acre lot, recently renovated in 2023. The property features a mix of retail spaces and restaurants, including one with a 1,500 square foot covered outdoor patio. Currently operating at 100% occupancy, the property boasts a strong net operating income (NOI) of $98,785, resulting in a compelling 7.63% capitalization rate. The asking price is $1,295,000 ($101.95 per square foot). The property is zoned for commercial use, offering flexibility for a variety of businesses. A 10-year sale-leaseback agreement is in place with the current owner, who occupies a portion of the space. The property's strategic location and strong tenant base make it an attractive investment prospect. Note that a separate 0.19-acre parking area is available for future development and will be sold separately. The property's future land use designation is Commercial. This is a turnkey investment with significant upside potential.