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Shopping Neighborhood

Bushnell Commons | Walmart Shadow Anchor

2221 Co Rd 48, Bushnell, FL 33513

Listing Price: $5,900,000

Cap Rate
6.57%
Rentable SF
27,974
Lot Size
2.84 acres
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to present this exceptional investment opportunity at 2221 CR 48 West Hwy, Bushnell, FL 33513. Boasting a substantial net leasable area of 27,974 square feet on 2.84 acres, this prime 11-unit retail center serves as a strategic Walmart Shadow Anchor, drawing over 1.4 million annual visitors according to Placer AI data. 85% of the property features nationally and regionally recognized tenants with an average rental rate of $14 PSF, making it an attractive prospect with highly replaceable rents. Additionally, Highway 75 captures substantial traffic at 50,000+/- VPD, Boasting high visibility, complemented by frontage on W CR 48 HWY, a major retail thoroughfare, garnering 11,000+/- VPD. Strategically positioned between The Prime Orlando and Ocala markets, and in proximity to The Villages, the property capitalizes on a strategic location in a burgeoning market. National nearby retailers include renowned national brands like Walmart, McDonald's, Starbucks, Burger King, Wendy’s, Circle K, Taco Bell, and many more. 

Investment Highlights

  • Prime 11-unit retail center in the heart of Bushnell's retail hub, strategically Shadow Anchored by a top-performing Walmart Supercenter with over 1.4 million visitors annually per Placer AI data.
  • 85% of the property features nationally and regionally recognized tenants with an average rental rate of $14 PSF, making it an attractive prospect with highly replaceable rents.
  • Only 2 Vacant Units over the last 6-year period with quick lease up to Corporate Tenants. Average Historical Occupancy is over 10+ Years across the center. 
  • Strategically near Highway 75, drawing 50,000 VPD +/-, and fronting W CR 48 HWY, a major retail thoroughfare, with 11,000+/- VPD.
  • Proximity to The Villages, sitting between The Prime Orlando and Ocala markets. 
  • The area features prominent national retailers such as Walmart, Starbucks, McDonald's, Burger King, Wendy's, Circle K, Taco Bell, and more.

Exclusively Listed By

Financing By

Shopping Neighborhood

Bushnell Commons | Walmart Shadow Anchor

Listing Price: $5,900,000

Cap Rate
6.57%
Rentable SF
27,974
Lot Size
2.84 acres
Year Built
2008

Investment Highlights

  • Prime 11-unit retail center in the heart of Bushnell's retail hub, strategically Shadow Anchored by a top-performing Walmart Supercenter with over 1.4 million visitors annually per Placer AI data.
  • 85% of the property features nationally and regionally recognized tenants with an average rental rate of $14 PSF, making it an attractive prospect with highly replaceable rents.
  • Only 2 Vacant Units over the last 6-year period with quick lease up to Corporate Tenants. Average Historical Occupancy is over 10+ Years across the center. 
  • Strategically near Highway 75, drawing 50,000 VPD +/-, and fronting W CR 48 HWY, a major retail thoroughfare, with 11,000+/- VPD.
  • Proximity to The Villages, sitting between The Prime Orlando and Ocala markets. 
  • The area features prominent national retailers such as Walmart, Starbucks, McDonald's, Burger King, Wendy's, Circle K, Taco Bell, and more.

Investment Overview

Marcus & Millichap is pleased to present this exceptional investment opportunity at 2221 CR 48 West Hwy, Bushnell, FL 33513. Boasting a substantial net leasable area of 27,974 square feet on 2.84 acres, this prime 11-unit retail center serves as a strategic Walmart Shadow Anchor, drawing over 1.4 million annual visitors according to Placer AI data. 85% of the property features nationally and regionally recognized tenants with an average rental rate of $14 PSF, making it an attractive prospect with highly replaceable rents. Additionally, Highway 75 captures substantial traffic at 50,000+/- VPD, Boasting high visibility, complemented by frontage on W CR 48 HWY, a major retail thoroughfare, garnering 11,000+/- VPD. Strategically positioned between The Prime Orlando and Ocala markets, and in proximity to The Villages, the property capitalizes on a strategic location in a burgeoning market. National nearby retailers include renowned national brands like Walmart, McDonald's, Starbucks, Burger King, Wendy’s, Circle K, Taco Bell, and many more. 

Exclusively Listed By

Financing By

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