612 N Indiana Avenue
ENGLEWOOD, FL 34223

Description

Three, 1,200SF units available for lease. Two of the units are contiguous. The Towers is currently 85 percent occupied with an attractive mix of long-term service based and destination tenants, presenting an opportunity for an investor to add value by leasing up the one remaining vacant space and increasing rents to market rates. The Towers is ideally positioned with excellent visibility on Indiana Avenue, right across the street from its intersection with Foxwood Boulevard, the entrance to a large residential community consisting of over 300 homes. Indiana Avenue is Englewoods main retail artery, and sees an average of 24,000 vehicles per day, making it one of the busiest roads in Englewood. This opportunity allows an investor to benefit from purchasing a multi-tenant retail property at an excellent price that can capitalize on below market rents, long term tenant base and the areas future exponential growth.

Details

MLS#C7406152
StyleRetail
Sub-TypeLease
StatusActive
Year1986
Days On Site210

Features

SQ Feet3,600
Story(s)1
ZoningCG

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Area Information

StateFL
CountySarasota
CityENGLEWOOD
Zip Code34223
Area34223 - Englewood
Listing VS Median (in 34223)
Price:
$11
low | high
Med:
$289,900
100% of Average
SqFt:
3,600
low | high
Med:
1,366
100% of Average
$ / SqFt:
$0
low | high
Med:
$222
100% of Average
On Site:
210
low | high
Med:
73.500000
100% of Average
Listing Updated: 04/22/2019
MLS Number: C7406152
Listing Provided By:
Howard Corr  of  CORR COMMERCIAL ADVISORS LLC

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