Active

$3,700,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 23861 sq ft
Overview
  • ID: MFRP4937257
  • Bedrooms:
  • Bathrooms: 0
  • Size: 23861 sq ft
Property Details
Remarks
Presenting a rare opportunity to acquire a portfolio of three commercial condominium units located within a thriving, fully occupied shopping center along bustling US Highway 98 in Bartow. This offering is ideal for investors seeking stable, long-term income in a high-visibility retail corridor anchored by strong national and local tenants. Tenants include Dollar Tree, a diner, and a gym. All units are fully leased, providing immediate and consistent cash flow, with secured leases extending many years into the future. The tenant mix includes two national brand tenants, offering enhanced credit strength and reduced management risk. The shopping center’s proven performance, strong occupancy history, and daily traffic drivers support long-term value and demand. Surrounding neighbors include Hapton Inn, Dunkin’ Donuts, a bank, McDonalds and a jewelry store, generating steady customer traffic and reinforcing the center’s position as a destination retail hub. The property benefits from ample shared parking, excellent ingress and egress, and prominent exposure on US Hwy 98, one of Bartow’s primary commercial arteries. Additionally, the units are located within a CRA district, offering potential incentives and credits that may enhance overall investment returns. This is a turnkey investment opportunity to acquire multiple income-producing units in an established, fully occupied retail center with strong tenants, long lease terms, and exceptional visibility.
Financial Considerations
Price:
$3,700,000
HOA Fee:
N/A
Tax Amount:
$47765
Price per SqFt:
$155.06
Tax Legal Description:
YOUNG'S BARTOW PLAZA CONDOMINIUM COMPLEX OR 7991 PGS 417 THRU 449 UNIT 1374 & AN UNDIVIDED INT IN THE COMMON ELEMENTS, YOUNG'S BARTOW PLAZA CONDOMINIUM COMPLEX OR 7991 PGS 417 THRU 449 UNIT 1374 & AN UNDIVIDED INT IN THE COMMON ELEMENTS, YOUNG'S BARTOW PLAZA CONDOMINIUM COMPLEX OR 7991 PGS 417 THRU 449 UNIT 1380 & AN UNDIVIDED INT IN THE COMMON ELEMENTS
Exterior Features
Lot Size:
23861
Lot Features:
Retail Condo
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Over 30 Spaces
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1983
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1370,1374,1380 N BROADWAY AVE
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