Property summary
This exceptional 1.5-acre retail property boasts a prime location on US-27 in Davenport, Florida (zip code 33837), offering unparalleled visibility and accessibility. The site is available for ground lease or sale, presenting a unique opportunity for a freestanding commercial development. Benefit from high traffic counts, with US-27 boasting an average annual daily traffic of 72,576 vehicles. The property's strategic location provides close proximity to the thriving Posner Park Shopping Mall, an expansive 80-acre development anchored by major retailers such as Target, PetSmart, Dick's Sporting Goods, Best Buy, Staples, Ross, Michaels, Books-A-Million, and a Cinepolis IMAX theater. This vibrant retail environment ensures significant foot traffic and consumer exposure. Davenport's robust commercial growth is further enhanced by the substantial residential development boom in the area. Over 17,000 new residential units are either proposed, under construction, or recently completed within a 6-mile radius of the property, creating a strong and expanding customer base. This presents an exceptional opportunity for businesses seeking high visibility and a thriving market in a rapidly growing area between Orlando and Tampa. The property's size and location make it ideal for a variety of retail uses.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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