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Shopping Community

Lake City Professional Plaza

1389 W US Hwy 90, Lake City, FL 32055

Listing Price: $17,850,000

Cap Rate
7.81%
Rentable SF
95,338
Lot Size
15.66 acres
Year Built
1970

Investment Overview

95,338 SF Mixed-Use Plaza in Central Lake City, Florida.

Investment Highlights

  • 95,338 SF Mixed-Use Plaza in Central Lake City, Florida
  • 95,338 SF Mixed-Use Plaza in Central Lake City, Florida
  • Stable, Long-Term Tenants – Most Tenants in Plaza at Least Eight Years
  • Direct Frontage and Monument Signage on W US Hwy 90 (35,500 AADT)
  • Originally Constructed in 1970, Has Been Meticulously Maintained by Owner
  • 2015 Improvements: New Roof, New Parking Lot, New Paint and Landscaping
  • Roof is Under Warranty Through 2035
  • $1.6MM Cap-Ex 2018-2022

Exclusively Listed By

Shopping Community

Lake City Professional Plaza

Listing Price: $17,850,000

Cap Rate
7.81%
Rentable SF
95,338
Lot Size
15.66 acres
Year Built
1970

Investment Highlights

  • 95,338 SF Mixed-Use Plaza in Central Lake City, Florida
  • 95,338 SF Mixed-Use Plaza in Central Lake City, Florida
  • Stable, Long-Term Tenants – Most Tenants in Plaza at Least Eight Years
  • Direct Frontage and Monument Signage on W US Hwy 90 (35,500 AADT)
  • Originally Constructed in 1970, Has Been Meticulously Maintained by Owner
  • 2015 Improvements: New Roof, New Parking Lot, New Paint and Landscaping
  • Roof is Under Warranty Through 2035
  • $1.6MM Cap-Ex 2018-2022

Investment Overview

95,338 SF Mixed-Use Plaza in Central Lake City, Florida.

Exclusively Listed By

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