Strip Centers, Shopping Malls, Commercial Real Estate In Florida
We specialize in strip centers for sale in Florida. We have several strip centers, shopping malls, and commercial properties available throughout Florida.
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O5716128
Price: 2,289,000.00Type: RetailSquare Feet: 19156Lot Square Feet: 89298Apt/Num: 1482MLS # O5716128
Directions
Directly off SR 46 also none as W 1st St in Sanford, easy access from I-4 and W Seminole Blvd. If coming on 417 North toward Sanford, take exit # 50 US 17-92/Sanford bear right going north and then left on SR 46.
Remarks
GREAT INVESTMENT OPPORTUNITY!!! LEXINGTON PLAZA is conveniently situated next to the CENTRAL FLORIDA REGIONAL HOSPITAL, the NEUROHEALTH SCIENCE CENTER and many more Medical facilities. Located in the heart of Sanford and only minutes from the Orlando/Sanford International Airport. This well-maintained shopping center is currently 82% lease and soon to be 100% starting August 1, current CAP rate at 9.2% and soon to be 9.83%, with 10% vacancy rate, without vacancy rate cap at 10.92% with ample parking, good exposure, outstanding visibility, pylon signage and strong demographics that includes traffic count exceeding 30K daily. Take advantage of this ever-increasing real estate growth in Central Florida, with an incredible value found in this investment.
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(Properties shown on website are only a brief summary of the real estate actually available)