3210 Hwy 27Sebring, FL 33870

Property Details for 3210 Hwy 27

Year built

1985

Lot size

4.24 AC

Property size (Sq ft)

47,150 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.4694

Longitude

-81.4394

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