35967 Us Hwy 27th N Haines City, FL 33844-3738
This exceptional investment opportunity presents a fully occupied, six-tenant retail center totaling 22,641 square feet on a 3.1-acre parcel in Haines City, Florida. Located at 35967 US Hwy 27, this property boasts a prime location with high visibility and traffic counts averaging 57,500 vehicles per day. The center is anchored by Harbor Freight and benefits from a strong tenant mix. Each of the six tenants has a lease with either a 3% annual rent increase or a 10% increase every five years, ensuring consistent income growth. Furthermore, each lease includes at least one five-year option period. The property features 141 parking spaces and is zoned CG. Built in 2021, this single-story building offers a low-management, fee-simple ownership structure with a net operating income (NOI) of $356,668 and a 6.00% cap rate. The asking price is $5,944,000. The property benefits from its location within a rapidly growing area, with new residential developments adding thousands of homes nearby, including a Publix-anchored shopping center currently under construction. The surrounding area also features numerous national credit tenants, further enhancing the property's value and long-term potential. This is a passive investment opportunity with full pass-through expenses and the advantage of Florida's no-state-income-tax environment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.