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Shoppes at Eustis Village
$8,963,936
Plus Eustis, FL
Offering Memorandum
Lease Type
NNN
Cap Rate
6.25%
Property Type

Retail

Building Size
29,343 SF
NOI
$560,246
Land Area
3.58 AC
Status
Active
Michael Zimmerman
Michael Zimmerman
Founder
Property Highlights
Strong Investment Opportunity

The Shoppes at Eustis Village property is comprised of three separate buildings that feature national and regional tenants with a mix of corporate and franchisee guarantees. These NNN leases provide for a quality investment with no landlord responsibilities. Many of the businesses are service-based, which yields an added security with Internet-proof tenancy. The seller recently spent over $100,000 to separate the property into three individual parcels. There is a significant investor upside potential at 100 percent occupancy. The properties may be purchased separately or together in a single transaction.

Prominent Retail Location

This multi-tenant site features prominent signage and shares a signalized corner intersection with the Eustis Village Publix retail center. The surrounding area includes the sprawling AdventHealth Waterman hospital campus and the 172-acre planned community, Health Village. Multiple housing and apartment communities are planned or under construction in close proximity to the site.

Easy Access to Central Florida

The properties have strong population and traffic counts, with nearly 86,000 people living within five miles and more than 46,000 cars passing daily. Eustis is positioned within approximately 35 miles of downtown Orlando and the city’s many famous tourist attractions.

Shoppes at Eustis Village
Eustis, FL
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