Seller is open to some seller-financing

Suwannee Plaza

2197 NW 11th Drive | Chiefland, FL

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Stats

$4,100,000

Asking Price

8.6%

Cap Rate

$354,150

NOI

NNN

Lease Type

Highlights

Constant customer base: Suwannee Plaza is located adjacent to Southern Leisure; a 55+, landscaped RV Resort open year round. The resort boasts 492 sites that are 80% filled throughout the year as well as high-end outdoor living amenities.

Walmart shadow anchor: This shopping center is shadow anchored by Walmart Supercenter generating more traffic to-and-from the center. Other nearby tenants include Winn Dixie, Walgreen’s, CVS, Dunkin’, Burger King, Taco Bell, and Sunstate Federal Credit Union, placing Suwannee Plaza in an ideal retail corridor.
Highly visible location: Located on Young Boulevard with 20,000 vehicles passing daily with access located at a signalized four-way intersection. Young Boulevard is the only retail corridor within a 10-mile radius of Suwannee Plaza, serving Levy, Dixie and Gilchrist counties

Team

Tim Farrell

Tim Farrell

Senior Associate
Avison Young
571 723 2246
Jonathan Hipp

Jonathan Hipp

Principal, Head of U.S. Net Lease
Avison Young
571 787 4725
Richard Murphy

Richard Murphy

Senior Vice President
Avison Young
571 449 8234
Nick Robinson

Nick Robinson

Senior Vice President, U.S. Retail Executive Committee
Avison Young - US - FL - Gainesville
352. 565. 4517