43384-43386 US-27 - For Sale
Davenport Retail – Davenport, FL
Offer Price
$2,123,000
About this property
Davenport Retail – Davenport, FL
Davenport retail is 100% occupied by Verizon and T-Mobile – 10-year leases with attractive rental escalations. It is Located in dominant retail corridor (across the street from a Dick’s Sporting Goods/Ross Dress for Less Anchored Shopping Center) with great visibility/ access on US-27 with traffic counts of 76,327 CPD! (1/2 mile south of I-4 with traffic counts of 130,755 CPD).
Nearby retailers include Target, BJ’s Wholesale Club, Publix, Burlington, Hobby Lobby, Marshalls & HomeGoods, Dick’s Sporting Goods, JCPenney, Ross Dress for Less, Bealls Outlet, Best Buy, Dollar General, Dollar Tree, Family Dollar, Ashley, Cato, rue21, Sally Beauty, Books- A-Million, Michaels, Five Below, Staples, PetSmart, Walgreens, AutoZone, and Cinepolis. It is 17 miles from Florida Polytechnic University Lakeland – a public university offering graduate & undergraduate degrees with 1,606 students; 17.5 miles from Polk State College Winter Haven – a public college offering a variety of degrees & certificates with a total enrollment of 13,916; 4.5 miles from AdventHealth Heart of Florida ER – a licensed 202-bed acute care hospital.
Property Highlights STRONG TENANCY | ABSOLUTE NNN LEASES: 100% occupied by Verizon and T-Mobile – 10-year leases with attractive rental escalations
FLORIDA IS AN “INCOME TAX-FREE” STATE
LARGE PARCEL | TRAFFIC COUNTS: Located in dominant retail corridor (across the street from a Dick’s Sporting Goods/Ross Dress for Less Anchored Shopping Center) with great visibility/ access on US-27 with traffic counts of 76,327 CPD! (1/2 mile south of I-4 with traffic counts of 130,755 CPD)
2024 DEMOGRAPHICS: Total Population (5MI): 73,883 | Average Household Income (1MI): $100,821
Year built: 2018
CAP rate: 5.00%
Tenant: Verizon and T-Mobile
Lease type: NNN
Building size: 3300 sq ft
Property Details
Location
Pricing Details
Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.