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Shopping Neighborhood

Suwannee County Mall | Value Add | $18 PSF

811 Pinewood Dr SW, Live Oak, FL 32064

Listing Price: $1,900,000

Cap Rate
6.57%
Gross SF
104,136
Rentable SF
104,136
Price/Gross SF
$18.25
Lot Size
9.31 acres
Year Built
1976

Investment Overview

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 property is shadow-anchored by Winn-Dixie, is in the heart of Live Oak’s retail node, 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. With 65% occupancy, the building hosts an array of local tenants throughout the center in storefront retail and office space, allotting efficiency and effectiveness in traffic flow throughout the property. 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.

Investment 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

Exclusively Listed By

Financing By

Shopping Neighborhood

Suwannee County Mall | Value Add | $18 PSF

Listing Price: $1,900,000

Cap Rate
6.57%
Gross SF
104,136
Rentable SF
104,136
Price/Gross SF
$18.25
Lot Size
9.31 acres
Year Built
1976

Investment 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

Investment Overview

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 property is shadow-anchored by Winn-Dixie, is in the heart of Live Oak’s retail node, 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. With 65% occupancy, the building hosts an array of local tenants throughout the center in storefront retail and office space, allotting efficiency and effectiveness in traffic flow throughout the property. 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.

Exclusively Listed By

Financing By

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