Current Use by Public Records
- Lifestyle centers
Property Details for 3210 Hwy 27
- Year built
- 1985
- Lot size
- 4.24 lot acres
- 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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4394
- Latitude
- 27.4694
