Towne Center Plaza Sanford FL 100-400 N Entrance Rd

Investment Highlights

This site has a daily traffic count of over 36,000 and 114,000 vehicles transverse I-4 directly behind this property's location each day. The Center is located on a perimeter road adjacent to the Seminole Towne Center Mall. Coming from Orlando on 1-4 East, exit right on S.R. 46 Towne Center Boulevard, directly off the I-4 interstate ramp, is the main shopping corridor that runs north / south. The subject property has many nationally recognized tenants such as JoAnn Fabric, Dogtopia, Sproutfitter, Concept Salon Suites, Racks Billards The property shares the same parking as the Seminole Towne Center Mall and it neighbors other retail, auto, a movie theater and restaurant locations. There are over 40,000 households in this area and a population of over 101,000.

Executive Summary

Parcel: 29-19-30-300-011D-0000Gross Land Area: 7.58 +- acresParking: 320 Parking SpacesFrontage: 657 +-FeetBuilding sqft: 82,098+-SFSignage: Monument Signzoning: Planned Development (HI)Flood Zone: Zone X (area of minimal flood hazard, is the area determined to be outside the 500-year flood and protected by a Levee from the 100-year flood) Exterior Wall: Concrete Block/MasonryRoof Structure: Build Up Flat

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Restaurant General Retail Storefront Retail/Office General Retail Supermarket Freestanding
• Building Size    82,098
• Building Class    B
• Year Built    1998
• Price    11,000,000
• Price Per SF    134
• Cap Rate    4.90
• NOI    538,644
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Loading Docks    3 Exterior
• Building FAR    0.25
• Land Acres    7.58 AC

• Bus Line
• Dedicated Turn Lane
• Freeway Visibility
• Pylon Sign
• Signage
• Air Conditioning