$1,199,000
Reduced $301,000
Description
Prime Commercial Shopping Plaza with High Visibility on Tamiami Trail, Includes a vacant buildable lot behind the building. Investment opportunity in the heart of a bustling commercial district. This well-maintained shopping plaza, strategically located on the prominent Tamiami Trail, boasts exceptional visibility and exposure, making it a sought-after destination for businesses and customers alike. Key Features: Anchor Tenant - Subway: The plaza is anchored by the renowned Subway, a globally recognized brand, ensuring a steady and reliable stream of foot traffic. The presence of such a well-established tenant enhances the desirability of the entire complex. Diverse Tenant Mix: With a total of five tenants, including long-standing businesses, this plaza offers a diverse tenant mix, creating a dynamic and vibrant atmosphere. The stability and reputation of existing tenants contribute to the overall appeal and success of the property. Strategic Location: Situated on Tamiami Trail, one of the busiest thoroughfares in the area, the plaza enjoys unparalleled visibility and accessibility. This prime location ensures that businesses within the complex benefit from a high volume of daily passersby, maximizing exposure and potential customer reach. Under-Valued Lease Rates: The current lease rates are positioned below market value, presenting a significant opportunity for savvy investors. There is substantial room for lease rate increases, providing potential for enhanced revenue and long-term profitability. Ample Parking: Convenience is key, and this commercial plaza offers ample parking space for both tenants and customers. Ease of access and hassle-free parking contribute to a positive and customer-friendly shopping experience.
Listed by Joey Lamielle, .
Property Highlights
- Acres: 0.18
- County: Charlotte
- Year Built: 1959
- Cooling Type: Central Air
- Property Type: Commercial, Retail
- MLS #: A4592864
Property Features
| Additional Parcels | Yes |
| Construction Materials | Block |
| Cooling | Central Air |
| Direction Faces | Southeast |
| Interior Square Footage | 4,204 |
| Lot Size Acres | 0.18 |
| Lot Size Square Feet | 8,039 |
| Roof | Membrane |
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