Arcadia Crossing Arcadia, Florida

$13,410,000
Cap Rate: 6.00%
Property type: Multi-Tenant / Shopping Center

Property Details

Cap Rate: 6.00%
Price: $13,410,00
Net Operating Income: $804,617
Price PSF: $198.37
Gross Leasable Area: 67,608 SF
Lot Size: ±8.24 Acres
Occupancy: 100%
Year Built: 2016 / 2019*

2515-2551 Southeast Highway 70
Arcadia, FL 34266

Investment Highlights

  • New 67,608-Square-Foot Publix and Harbor Freight Anchored Center
  • 100 Percent Occupied by Publix, Publix Liquors, Harbor Freight, Pizza Hut, T-Mobile, Great Clips and Happy Nails
  • Excellent, Complementary Tenant Mix with 98 Percent National Tenants
  • Fresh Tenant Leases
  • Attractive Building Constructed in 2016 and Expanded in 2019 to Add Space Occupied by Harbor Freight
  • Current Prototype/Footprints for Publix and Harbor Freight
  • The Nearest Publix is 23 Miles from the Subject Property
  • Located on the Main Commercial Artery of a Central Retail Hub
  • Outparcels of the Subject Property Include Walgreens, Taco Bell and KFC
  • Several Thousand Housing Units are Being Planned in the Area Allowing for Doubling of the Population in the Next Five to 10 Years
  • Other Surrounding Tenants Include Walmart Supercenter, Winn- Dixie, Bealls, Save-A-Lot, Sears, Tractor Supply Company, Holiday Inn Express, Chili’s, McDonald’s, Burger King, Wawa (In Development) Beef O’Brady’s, Dunkin Donuts and Wells Fargo
  • Two Miles from South Florida State College – DeSoto Campus

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