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
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.