2961 Placida Rd Englewood, FL 34224
Multi-tenant retail center with value-add potential in high-traffic area.
Property size:
13,385 SFProperty Features for 2961 Placida Rd
General Information
- Size
- 13,385 SF
Building Details
- Year built
- 1993
Source:
Lee-associates
Listing Agent: Michael Mahan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Retail Strip Center
This fully leased, multi-tenant retail strip center is located at a signalized, high-traffic intersection at Placida Road and San Casa Drive in Charlotte County. The center is situated in a well-traveled corridor near the water and consists of a single building with seven tenants on approximately 1.22 acres. The site sits on higher ground and did not experience flooding during recent storms. It also features a diverse tenant mix, with many long-term leases in place. Ownership has recently made a substantial investment in improvements, including exterior repainting, a new pylon sign, new illuminated tenant signage above each unit, new light fixtures installed at the rear entrances of all units, new HVAC units in several tenant-occupied spaces, restriping of the parking lot and installation of new parking curbs, and resurfacing of the front sidewalk. The asset is centrally located between Englewood to the north and Boca Grande to the south. The center fronts one of the most heavily traveled corridors, just minutes from the water. The property size is 13385 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Charlotte
- State
- Florida
- Longitude
- -82.325583
- Latitude
- 26.911486
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FAQs
What type of property is this?
Strip mall - Multi-tenant retail center with value-add potential in high-traffic area.
Where is this strip mall located?
The property is located at 2961 Placida Rd Englewood, FL.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: - High-traffic, signalized corner location at Placida Road and San Casa Drive.; - Value-add opportunity with below-market rents.; - Recent substantial investment in property improvements including exterior repainting, new signage, new light fixtures, new HVAC units, parking lot restriping, and sidewalk resurfacing.