515 US Highway 27 South
Sebring, FL
Price:
$4928000
Cap Rate:
6.00%
NOI:
$295,632
Building Size:
Approx. 18480 Sq. Ft.
Lot Size:
Approx. 1.43 Acres
Type:
Single-Tenant / Retail
Investment Overview
- 18,480+/- SF Building on 1.43+/- Acre Site
- 11-Year Corp Lease w/ 12% Rent Bump Year 7
- NOI Includes Pole Sign Lease Revenue
- Located along U.S-27 (46K VPD) & Mall Ridge Rd
- Near Tire Kingdom, AAMCO, Chili’s, IHOP, Shell, Five Guys
- Adjacent to Lakeshore Mall (459,972 S.F) & Multiple Dealerships
- Attractions: Sebring International Raceway | Lake Glenada Park
- Near well-known beaches in St. Petersburg, Ft. Myers, & Palm Bay
- Sebring is located 20-Miles NE of St. Petersburg | 82-Miles SE of Tampa
- 3-Mile Radius: Estimated Day Pop: 11,277 l Average HH Income: $58,299
- Greater Tampa Bay (MSA) | Top 20 MSA in the US | Population: 3,091,399