Investment Overview
Great opportunity to acquire large footprint retail store in high traffic location at $105/SF
Located on extremely busy SR 436 (Semoran Blvd) and only seconds from SR 436 and US Hwy 17-92 intersection
Currently occupied by Old Time Pottery and offers a Year 1 (2023) NOI - $452,000
Upon expiration, investor can lease out at current market rate and receive a high cash on cash return
Old Time Pottery recently restructured and is focusing on its best performing stores
Potential redevelopment opportunity in great location
200 feet of frontage on busy SR 436 (Semoran Blvd) with 54,000 AADT
Adjacent to Oxford Square, a 58,444 SF shopping center
Additional development opportunity - retail outparcel for restaurant, convenience store, etc.
Investment Highlights
- Great opportunity to acquire large footprint retail store in high traffic location at $140/SF
- Located on extremely busy SR 436 (Semoran Blvd) and only seconds from SR 436 and US Hwy 17-92 intersection
- Currently occupied by Old Time Pottery and offers a Year 2 (2024) NOI - $452,000 | Current lease ends 12/27
- Upon expiration, investor can lease out at current market rate and receive a high cash on cash return
- Old Time Pottery recently restructured and is focusing on its best performing stores
- Potential redevelopment opportunity in great location
- 200 feet of frontage on busy SR 436 (Semoran Blvd) with 54,000 AADT
- Adjacent to Oxford Square, a 58,444 SF shopping center
- Additional development opportunity - retail outparcel for restaurant, convenience store, etc.