2197 NW 11th Dr - Storefront FOR SALE


Chiefland, FL 32626
$4,100,000 USD
202-644-8700
2197 NW 11th Dr, Chiefland, FL for Sale
$4,100,000 USD
Storefront - FOR SALE
1/3
null | 8.64% Cap Rate

2197 NW 11th Dr
Chiefland, FL 32626


HIGHLIGHTS

  • Central to a strong retail corridor
  • Property is located in Levy County, a small town with a strong retail and business presence, serving as the primary commercial center in its region.

OVERVIEW

Constant customer base: Suwannee Plaza is located adjacent to Southern Leisure; a 55+, landscaped RV Resort open year round. The resort boasts 492 sites that are 80% filled throughout the year as well as high-end outdoor living amenities. Walmart shadow anchor: This shopping center is shadow anchored by Walmart Supercenter generating more traffic to-and-from the center. Other nearby tenants include Winn Dixie, Walgreens, CVS, Dunkin’, Burger King, Taco Bell, and SunState Federal Credit Union, placing Suwannee Plaza in an ideal retail corridor. Highly visible location: Located on Young Boulevard with 20,000 vehicles passing daily with access at a signalized four-way intersection. Young Boulevard is the only retail corridor within a 10-mile radius of Suwannee Plaza, serving Levy, Dixie and Gilchrist counties.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

8.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

172

LAND DETAILS

LAND ACRES

8.83 AC

LAND SF

384,635 SF

ZONING

-

APN/PARCEL ID

07336-000-00

ASK ABOUT THIS PROPERTY

Tim FarrellAvison YoungMore Info
202-644-8700

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Tim FarrellAvison YoungMore Info
202-644-8700

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