11150 N Williams St - Retail FOR SALE


Dunnellon, FL 34432
$4,630,645 USD
407-780-9116
11150 N Williams St, Dunnellon, FL for Sale
$4,630,645 USD
Retail - FOR SALE
1/4
null | 5.75% Cap Rate

11150 N Williams St
Dunnellon, FL 34432


HIGHLIGHTS

  • Located as an outparcel to a Super Walmart, the property benefits from strong customer traffic
  • 10-tenant strip center with a mix of corporate and regional retailers
  • Average rents in the high teens; CoStar shows market rents in the low $20s
  • Around 80% of tenants have been in place for nearly 20 years
  • All leases are NNN; tenants cover CAM, real estate taxes, and insurance
  • Anchored by regional and national brands

OVERVIEW

The TRG Group is pleased to present this rare non-anchored retail strip center, strategically positioned as an outparcel to a high-performing Super Walmart. This 10-tenant center benefits from strong daily traffic driven by Walmart and surrounding national brands such as Publix, McDonald’s, Dunkin’ Donuts, Aldi, and Wendy’s—creating consistent visibility and foot traffic. The center features a diverse mix of corporate and regional tenants, with approximately 80% of tenants having remained in place for nearly 20 years. All tenants operate under NNN leases, covering CAM, real estate taxes, and insurance, minimizing landlord responsibilities. With average in-place rents in the high teens and CoStar reporting market rents in the low $20s per SF, the asset offers a compelling value-add opportunity through rent adjustments over time. Additional benefits include ample on-site parking with 50+ spaces, a history of strong occupancy, and a location in a state with no income tax—making this an attractive, low-maintenance investment opportunity under the $5 million price point.

FOR SALE DETAILS

PRICE

$4,630,645 USD

PRICE/SF

$294 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunnellon Commons

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

B4

APN/PARCEL ID

33607-001-05

ASK ABOUT THIS PROPERTY

Tony Nguyen, CCIMTRG GroupMore Info
407-780-9116

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Tony Nguyen, CCIMTRG GroupMore Info
407-780-9116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.