Features

Agent

Joe C. Hembree

Recently developed project located at a prime retail node in North Port represents a terrific investment opportunity. Project consists of a completed retail strip center containing 15,400 RSF plus two commercial outparcels containing 1.675 AC and 1.43 AC each. Strip center is mostly vacant but fully completed with demising walls and shell interior buildout for eleven 1,400 sq ft units. The center wraps around a Walgreens on the hard corner and is adjacent to the Publix anchored Shoppes at Price Crossing, which is approx. 90% occupied. Outparcels are immediately developable, with all infrastructure completed including master storm water management. This is a well designed, well located project that is solely a victim of bad market timing. Excellent upside for an investor!

North Port is a rapidly growing community in SW Florida with exceptional demographics shifts in last 10 years with median household income increasing from $42,829 to $62,743 with in 5 minute drive time of subject location and median age decreasing from 45.3 to 42.5 years of age.