Meadow Shopping Center | Mavis-Dunkin' Center 1 Meadow Rd

Investment Highlights

Roof Replacement | 100% Occupied | Two-Building Offering | 50+ Year Operating History | Long-Standing Tenants |Available W/ Neighboring Shopping Ctr Freestanding Mavis Discount Tire Local Demographics In 10-mile Trade Area | Six-Figure Incomes Signalized, Hard Corner Intersection | Surrounding Tenants | Primary Thoroughfare Dunkin? Donuts | Multi-Unit Operator | Long Operating History | Full Renovation

Executive Summary

? Opportunity to acquire Meadow Shopping Center, a 12,000+ SF retail strip that has been serving the city of Florida for 50+ years? Partial roof replacement in 2022 with a 20-year transferrable warranty (Dunkin and Elite Nail QQ Spa)? The asset is currently operating at 100% occupancy, providing zero vacancy for a future investor as well as four of the tenants occupying their space for more than a decade? The offering includes a 4,800 SF free-standing Mavis Discount Tire available for purchase with Meadow Shopping Center? Investor benefits from fee simple ownership of the building and land? Meadow Shopping Center is strategically located at the signalized, hard corner intersection of North Main Street and Meadow Road averaging 17,200 VPD? Adjacent to high-traffic generating QuickChek, ranking in the 95th percentile for the 143 locations nationwide (Placer.ai)? Neighboring the Florida, NY Shop-Rite corporate office

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Freestanding General Retail Restaurant Storefront Retail/Office
• Building Size    9,600
• Building Class    C
• Year Built    1969
• Price    3,206,000
• Price Per SF    334
• Cap Rate    6.75
• NOI    216,433
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.22
• Land Acres    1.00 AC

• Air Conditioning