Call us now:
Toll Free (844) 4-TIKTIN |
Local Number (305) 363-4750

Towne South Plaza

Summary
  • Listing Price: $21,850,000
  • CAP Rate Current: 7.00%
  • Rentable Sq Ft: 163,248 SF
  • Lot Size: 820,670 SF (18.84 Acres)
  • Approx Year Built: 1977/2019
  • Price Per Sq Ft: $133.85
Investment Highlights
  • 93% Occupied By A Strong Mix Of National Credit-Rated Tenants
  • Significant Upside In Increasing Rents (40%) On Best Buy Anchor (Expires 2022)
  • Just South Of I-70 and 680,000 SF Honey Creek Mall
  • Two New Anchor Tenants With 10 Year Leases
  • Opportunity For Future Development To Expand Center By 50,000 SF
  • Dominant Retail Trade Area & Retail Hub – Containing Over 2.3 Million SF Of Retail Space
  • Neighboring National Retailers Include Burlington, Staples, Aaron’s, Walgreen’s, Sam’s Club, Amongst Others