Freestanding Grocery
For Sale
Contact for pricing
661 E HATHAWAY AVE, Bronson, FL 32621
Operating supermarket on E Hathaway Ave with flexible branding and acquisition structures.
Property Size13,432 SF
Lot Size3.71 Acres
Price / SF$186.12
Days on Market58
Property Features for 661 E HATHAWAY AVE
General Information
Standard status
Active
Size
13,432 SF
Lot size
3.71 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Additional Details
Business Included
Yes
Building Details
Year Built
1995
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Fausto Commercial
Listed By:
Bobby Berrido · License #3444449
(786) 260-7507
Source:
Crexi
Added: Aug 17
Changed: Oct 8
Last Checked: Oct 12 at 9:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial
Investment Insights
Based on property information with market context.
The property includes an operating, freestanding supermarket on approximately ±3.71 acres at 661 E Hathaway Ave. Built in 1995, the asset sits along E Hathaway Ave / US-27 ALT, a primary commercial corridor serving Bronson and the surrounding Levy County market. The existing grocery operation is no longer under contract with Save A Lot, allowing a purchaser to select a different grocery brand or concept while using the established supermarket infrastructure.
Several acquisition structures are available. The business and real estate may be acquired together, or the business may be purchased separately while the owner retains the property and leases it to the operator under a new long-term lease. The site serves approximately 1,165 residents within one mile and 4,228 residents within three miles, with projected population growth of approximately 10% over the next five years.
Several acquisition structures are available. The business and real estate may be acquired together, or the business may be purchased separately while the owner retains the property and leases it to the operator under a new long-term lease. The site serves approximately 1,165 residents within one mile and 4,228 residents within three miles, with projected population growth of approximately 10% over the next five years.
Key Highlights
- Operating supermarket with real estate on ±3.71 acres
- 10,550 SF supermarket referenced in property remarks
- Located at 661 E Hathaway Ave / US‑27 ALT in Bronson
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,935
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,198,700
$3.2M
Cap Rate 7%
$2,284,786
$2.3M
Cap Rate 9%
$1,777,056
$1.8M
Market Conditions
NOI Build-Up for 13,432 SF
Gross rent
$225.7K $16.80/SF
− Vacancy
−$12.4K −$0.92/SF
EGI
$213.2K $15.88/SF
− OpEx
−$53.3K −$3.97/SF
NOI
$159.9K $11.91/SF
Area
Levy County, FL
Vacancy
5.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,198,700
Cap Rate 7%
$2,284,786
Cap Rate 9%
$1,777,056
Alternative Uses
Best Use
Specialty Retail
$2.28M
$2.00M – $2.67M
NOI $159,935 @ 7.0% cap · market cap 6.40%
Second Best
Retail
$2.03M
$1.78M – $2.37M
NOI $142,418 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $232,879 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32621, FL
5,396
Population
2,495
Households
2.2
Avg Household Size
41
Median Age
10%
College-Educated
84%
High-School Grad
73.5 sq mi
ZIP Area
73
Density / Sq Mi
$52,840
Median Household Income
$39,181
Median Earnings
$596
Median Rent
$114,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Save A Lot — 661 E Hathaway Ave, Bronson, FL 32621
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating supermarket on E Hathaway Ave with flexible branding and acquisition structures.
Where is this grocery and convenience store located?
The property is located at 661 E HATHAWAY AVE Bronson, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Operating supermarket with real estate on ±3.71 acres; 10,550 SF supermarket referenced in property remarks; Located at 661 E Hathaway Ave / US‑27 ALT in Bronson
