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Wawa - Tavares FL 600 W Burleigh Blvd

5,641 SF Retail Building Tavares, FL 32778 £4,483,098 (£795/SF) 4.40% Net Initial Yield

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Investment Highlights

This site is located at the signalized, hard corner intersection of W Burleigh Blvd and N Duncan Dr averaging a 90,500 VPD
Just West of AdventHealth Waterman, who just recently announced a $3M expansion plan for inpatient rehabilitation units

The Winn-Dixie just to the North ranks in the top 80% (73 out of 365) of all nationwide locations according to Placer.ai

Executive Summary

Store Opening October 31, 2024 | Signalized, Hard Corner Intersection (Combined 90,500 VPD)

Tavares FL - Wawa

Property Facts

Sale Type

Investment NNN

Sale Condition

Ground Lease (Leased Fee)

Property Type

Retail

Property Subtype

Convenience Store

Building Size

5,641 SF

Building Class

Year Built

2024

Price

£4,483,098

Price Per SF

£795

Net Initial Yield

4.40%

NOI

£197,250

Tenancy

Single

Number of Floors

Building FAR

0.06

Land Acres

2.02 AC

Zoning

C - Commercial

Parking

50 Spaces (8.86 Spaces per 1,000 SF Leased)

Frontage

268 ft on West Burleigh Boulevard

Amenities

Corner Lot

Dedicated Turn Lane

Signalised Intersection

Air Conditioning

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PROPERTY TAXES

Parcel Number	29-19-26-0700-00E-01301	Improvements Assessment	£0
Land Assessment	£61,305	Total Assessment	£61,305

PROPERTY TAXES

Parcel Number

29-19-26-0700-00E-01301

Land Assessment

£61,305

Improvements Assessment

£0

Total Assessment

£61,305

Power Broker Patrick Nutt
William Wamble
SRS Real Estate Partners

(954) 302-7365

Listing ID: 33237821
Date on Market: 19/09/2024
Last Updated:
Address: 600 W Burleigh Blvd, Tavares, FL 32778

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