Shopping Strip
100% Occupied Walmart Shadow Anchored Center in Florida | Dense Retail Corridor with 28,000+ VPD
2105 S Parrott Ave, Okeechobee, FL 34974
Listing Price: $2,600,000
Cap Rate
6.45%
Gross SF
10,500
Rentable SF
10,500
Price/Gross SF
$247.62
Lot Size
1.02 acres
Year Built
2001
Investment Overview
Marcus & Millichap is pleased to bring to market a Walmart Shadow Anchored Center located in Okeechobee, FL.
100% Occupied Walmart Shadow Anchored Center in Florida | Dense Retail Corridor with 28,000+ VPD
Investment Highlights
- Four-Tenant Strip Center, Shadow Anchored by a Walmart Supercenter that Sees Over 2,000,000 Annual Visitors According to Placer.ai
- 100% Occupied By Strong National Tenant Mix | Hibbett Sports (60.95% of the GLA) Recently Extended their Leases 5-years with Rent Increase
- Located in Okeechobee, the County Seat of Okeechobee County | Strategically Positioned off US Highway-441 / South Parrot Avenue with Over 28,000+ Vehicles Per Day
- Located in Okeechobee, the County Seat of Okeechobee County | Strategically Positioned off US Highway-441 / South Parrot Avenue with Over 28,000+ Vehicles Per Day
- 2 Miles from Lake Okeechobee Park | Lake Okeechobee is the Largest Freshwater Lake in Florida, Seeing over 203,000 Annual Visitors
- 35,800+ Residents Within 10-Miles| 1 Hour From West Palm Beach
- Florida State Benefits from No State Income Taxes
Exclusively Listed By
Shopping Strip
100% Occupied Walmart Shadow Anchored Center in Florida | Dense Retail Corridor with 28,000+ VPD
Listing Price: $2,600,000
Cap Rate
6.45%
Gross SF
10,500
Rentable SF
10,500
Price/Gross SF
$247.62
Lot Size
1.02 acres
Year Built
2001
Investment Highlights
- Four-Tenant Strip Center, Shadow Anchored by a Walmart Supercenter that Sees Over 2,000,000 Annual Visitors According to Placer.ai
- 100% Occupied By Strong National Tenant Mix | Hibbett Sports (60.95% of the GLA) Recently Extended their Leases 5-years with Rent Increase
- Located in Okeechobee, the County Seat of Okeechobee County | Strategically Positioned off US Highway-441 / South Parrot Avenue with Over 28,000+ Vehicles Per Day
- Located in Okeechobee, the County Seat of Okeechobee County | Strategically Positioned off US Highway-441 / South Parrot Avenue with Over 28,000+ Vehicles Per Day
- 2 Miles from Lake Okeechobee Park | Lake Okeechobee is the Largest Freshwater Lake in Florida, Seeing over 203,000 Annual Visitors
- 35,800+ Residents Within 10-Miles| 1 Hour From West Palm Beach
- Florida State Benefits from No State Income Taxes
Investment Overview
Marcus & Millichap is pleased to bring to market a Walmart Shadow Anchored Center located in Okeechobee, FL.
Exclusively Listed By
