843 Pinewood Way - Supermarket FOR SALE


Live Oak, FL 32064
$1,900,000 USD
904-672-1443
843 Pinewood Way, Live Oak, FL for Sale
$1,900,000 USD
Supermarket - FOR SALE
1/18
null | 6.57% Cap Rate

843 Pinewood Way
Live Oak, FL 32064


HIGHLIGHTS

  • Price/Pound Deal Available For $18.25/SF
  • Significant Value Add Through Lease Up
  • Shadow Anchored by Winn-Dixie
  • Located Near the I-10 and I-75 Corridors
  • Parking Lot Recently Repaved and Restriped
  • Outparcel Development Opportunity

OVERVIEW

Value ADD | Below Market Rents | Differed Maintenance - Marcus & Millichap is pleased to present the Suwannee County Mall, located at 811 Pinewood Dr. Live Oak, FL 32064. Positioned at the hard signalized corner of Pinewood Dr. and Walker Ave., the subject property is shadow-anchored by Winn-Dixie, and is surrounded by Suwannee County’s educational system K-12 and Riveroak Technical College. Identified as a class C neighborhood center, this +/- 104,150 SF structure is situated on 7.31 acres and was built in 1976. Boasting 565 FT of frontage on Pinewood Dr and 350 FT on Walker Ave, this property has 8 points of ingress/egress, +/- 320 parking spaces, and is in immediate proximity of main & main streets in Live Oak, FL. Seller Financing Available

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Suwanne County Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

400

LAND DETAILS

LAND ACRES

7.31 AC

LAND SF

318,424 SF

ZONING

-

APN/PARCEL ID

27-02S-13E-08084-001001

ASK ABOUT THIS PROPERTY

Simon GrigoryanMarcus & Millichap | Simon Retail GroupMore Info
904-672-1443

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Simon GrigoryanMarcus & Millichap | Simon Retail GroupMore Info
904-672-1443

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