870 Hickpochee AveLabelle, FL 33935

Property Details for 870 Hickpochee Ave

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.35 AC

Property size (Sq ft)

19,297 SF

Zone code

LB-B-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

2 29 43 02 300 0000-002.0

APU

229430230000000020

Description

This exceptional commercial property, located at 870 W Hickpochee Ave in LaBelle, Florida, offers a rare opportunity to secure space in a thriving multi-tenant building. The meticulously maintained 20,000+ square foot building boasts a desirable location in the heart of LaBelle, ensuring high visibility and accessibility. The property sits on a generous 3.36-acre lot, providing ample parking for tenants and their clients. Monument signage is available, offering excellent branding opportunities. The current tenant mix includes a diverse range of established businesses, including Domino's Pizza, RE/MAX, Florida Hometown Title, Edward Jones, Two Peas CafГ©, and Farm Credit of Florida, creating a vibrant and successful commercial environment. Currently available is Suite 300-400, encompassing approximately 3,188 rentable square feet. This space is well-suited for a variety of uses, including office, medical, and retail businesses. The lease rate is competitively priced at $12.50 per square foot, plus estimated net, net, net (NNN) charges of $5.15 per square foot. This property presents a compelling investment opportunity for businesses seeking a prominent location in a flourishing community. Don't miss this chance to establish your business in this high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,203,204

  6.5%

  $7,572,188

  7%

  $7,031,318

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,686,212

  Geo Method

  $13,527,459

• Alternative Use

  Use

  Valuation

  Residential

  $6,387,424

  Hospitality

  $5,850,846

  Educational

  $4,867,835

  Medical

  $5,035,248

  Retail

  $7,572,188

Location Insight

City

Labelle

County

Hendry

State

Florida

Latitude

26.7591

Longitude

-81.4529

CBSA code

17500

CBSA name

CLEWISTON, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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