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Shopping Community

Crown Centre II

2612 Enterprise Rd, Orange City, FL 32763

Listing Price: $15,500,000

Cap Rate
7.28%
Gross SF
103,999
Rentable SF
103,999
Price/Gross SF
$149.04
Lot Size
14.33 acres
Year Built
1990

Investment Overview

103,999 Rentable SF Community Shopping Center Anchored by Bealls, Bealls HomeCentric and Badcock Home Furniture in Orange City, FL.

Investment Highlights

  • 103,999 Rentable SF Community Shopping Center Anchored by Bealls, Bealls HomeCentric and Badcock Home Furniture
  • Shadow-Anchored by Publix Supermarket | Publix Purchased Their Own Center in 2014 for $20MM+ Showing Strong Commitment to This Area
  • First Time On-Market in Over 20 Years
  • Desirable WALT (Weighted Average Lease Term) -- 7.18 Years
  • Substantial Recent Cap-Ex | Over $2.2MM Spent in 2023 on Interior Renovations for Bealls and Bealls Outlet | HomeCentric
  • Situated Within the Area's Main Retail Corridor | National Tenants in the Immediate Area Include Target, Lowe's, Publix, Hobby Lobby, Ollie's, Big Lots, Harbor Freight & Many More…
  • Multiple Points of Access From Both Enterprise Road & Saxon Blvd | Combined Daily Traffic Counts of 55,000+

Exclusively Listed By

Shopping Community

Crown Centre II

Listing Price: $15,500,000

Cap Rate
7.28%
Gross SF
103,999
Rentable SF
103,999
Price/Gross SF
$149.04
Lot Size
14.33 acres
Year Built
1990

Investment Highlights

  • 103,999 Rentable SF Community Shopping Center Anchored by Bealls, Bealls HomeCentric and Badcock Home Furniture
  • Shadow-Anchored by Publix Supermarket | Publix Purchased Their Own Center in 2014 for $20MM+ Showing Strong Commitment to This Area
  • First Time On-Market in Over 20 Years
  • Desirable WALT (Weighted Average Lease Term) -- 7.18 Years
  • Substantial Recent Cap-Ex | Over $2.2MM Spent in 2023 on Interior Renovations for Bealls and Bealls Outlet | HomeCentric
  • Situated Within the Area's Main Retail Corridor | National Tenants in the Immediate Area Include Target, Lowe's, Publix, Hobby Lobby, Ollie's, Big Lots, Harbor Freight & Many More…
  • Multiple Points of Access From Both Enterprise Road & Saxon Blvd | Combined Daily Traffic Counts of 55,000+

Investment Overview

103,999 Rentable SF Community Shopping Center Anchored by Bealls, Bealls HomeCentric and Badcock Home Furniture in Orange City, FL.

Exclusively Listed By

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