Excellent investor opportunity to buy a Class A retail property located at the high traffic intersection of Lithia Pinecrest and Bloomingdale roads. Property is surrounded by vibrant retail, banking and services businesses. It is adjacent to a Publix Plaza shopping center, across the road from the Lithia Crossing Mall anchored by a Stein Mart, Chili's restaurant, Panera Bread, Starbucks, Chase Bank, Regions Bank and the Bloomingdale Animal Hospital. The seller is retiring thereby creating an outstanding opportunity for an investor to acquire a property with $44,084 net operating income at a capitalization rate of 8%. In addition, the depressed real estate market offers a significant potential for long term appreciation. The building is divided into two units with1500 SF and 1000 SF. They are presently leased to Fields Art & Framing (Through 2011) and Curves fitness salon (Through 2014). The leases and income are included in the purchase price. This Key West style building has been maintained in first class condition with updated mechanicals and separate utility meters. "Wonderful Return on investment Opportunity".. General Information Year Built: 1996 HVAC Area: 2581 SF Bldg Area: 3117 SF Land Area: 15,300 SF<br/><br/>Brokered And Advertised By: CENTURY 21 SHAW REALTY GROUP<br/>Listing Agent: THOMAS PETERSEN
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