Skip to main content

Shopping Neighborhood

Southridge Shoppes

4117 County Rd 561, Tavares, FL 32778

Listing Price: $3,600,000

Cap Rate
6.65%
Gross SF
42,800
Rentable SF
42,800
Price/Gross SF
$84.11
Lot Size
6.39 acres
Year Built
1997

Investment Overview

Fully occupied 42,800 SF retail shopping center in Tavares, FL.

Investment Highlights

  • Fully Occupied 42,800 SF Retail Shopping Center in Tavares, FL
  • Located on the Corner of CR 561 & CR 448
  • Dollar General has Been Tenant Since 1999 – Renewed Lease Multiple Times
  • Dollar General Has Strong Reported Sales – RTS Ratio Under 3%
  • Upside Provided Through Below Market Rents
  • Tenant Roster Consists of National and Regional Tenants – All Internet Resistant Tenants
  • No Retail Competition in the Immediate Area
  • Parking Lot was Resealed and Restriped in April of 2020

Exclusively Listed By

Shopping Neighborhood

Southridge Shoppes

Listing Price: $3,600,000

Cap Rate
6.65%
Gross SF
42,800
Rentable SF
42,800
Price/Gross SF
$84.11
Lot Size
6.39 acres
Year Built
1997

Investment Highlights

  • Fully Occupied 42,800 SF Retail Shopping Center in Tavares, FL
  • Located on the Corner of CR 561 & CR 448
  • Dollar General has Been Tenant Since 1999 – Renewed Lease Multiple Times
  • Dollar General Has Strong Reported Sales – RTS Ratio Under 3%
  • Upside Provided Through Below Market Rents
  • Tenant Roster Consists of National and Regional Tenants – All Internet Resistant Tenants
  • No Retail Competition in the Immediate Area
  • Parking Lot was Resealed and Restriped in April of 2020

Investment Overview

Fully occupied 42,800 SF retail shopping center in Tavares, FL.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower