Mixed-Use
Retail Strip with Self-Storage | Wauchula, FL
610 N 6th Ave, Wauchula, FL 33873
Listing Price: $385,000
Cap Rate
9.89%
Number of Suites
5
Gross SF
4,720
Rentable SF
4,720
Price/Gross SF
$81.57
Lot Size
0.61 acres
Year Built
1981
Investment Overview
Marcus & Millichap is pleased to bring to market a Retail Strip with Self-Storage located in Wauchula, FL.
Retail Strip with Self-Storage | Wauchula, FL
Investment Highlights
- Retail Strip with 5 unit self-storage spaces in rear of property
- Value-Add Opportunity: Significant potential for increased revenue through leasing the remaining vacant space, with current occupancy at just 39.75%
- Property features parking lot with three points of ingress and egress | Rear self-storage units are accessible from both the front of the property and from Highway 17 behind the main property entrance
- Property features pylon sign adding visibility to the property
- Excellent retail location along N Sixth Avenue / US Highway 17 with 14,000+ vehicles per day along N Fifth Avenue and 12,500+ vehicles per day along N Sixth Avenue
- Located in a dense retail hub along the main thoroughfare into downtown Wauchula
- Proximity to multiple national retail tenants including ACE Hardware, AutoZone, O'Reilly Auto Parts, Walmart Supercenter, Wendy's, Taco Bell, Pizza Hut, Burger King and more
- Dense Market Demographics: Daytime population exceeds 16,500 within 5-miles | Wauchula is roughly 50 miles east of Bradenton and 40 miles south of Lakeland | It is the county seat of Hardee County
Exclusively Listed By
Listing Price: $385,000
Cap Rate
9.89%
Number of Suites
5
Gross SF
4,720
Rentable SF
4,720
Price/Gross SF
$81.57
Lot Size
0.61 acres
Year Built
1981
Investment Highlights
- Retail Strip with 5 unit self-storage spaces in rear of property
- Value-Add Opportunity: Significant potential for increased revenue through leasing the remaining vacant space, with current occupancy at just 39.75%
- Property features parking lot with three points of ingress and egress | Rear self-storage units are accessible from both the front of the property and from Highway 17 behind the main property entrance
- Property features pylon sign adding visibility to the property
- Excellent retail location along N Sixth Avenue / US Highway 17 with 14,000+ vehicles per day along N Fifth Avenue and 12,500+ vehicles per day along N Sixth Avenue
- Located in a dense retail hub along the main thoroughfare into downtown Wauchula
- Proximity to multiple national retail tenants including ACE Hardware, AutoZone, O'Reilly Auto Parts, Walmart Supercenter, Wendy's, Taco Bell, Pizza Hut, Burger King and more
- Dense Market Demographics: Daytime population exceeds 16,500 within 5-miles | Wauchula is roughly 50 miles east of Bradenton and 40 miles south of Lakeland | It is the county seat of Hardee County
Investment Overview
Marcus & Millichap is pleased to bring to market a Retail Strip with Self-Storage located in Wauchula, FL.
Exclusively Listed By
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