Fountain Square is a 13 unit, 12,656 SF Profesional/Retail center located at the SW corner of Hwy 44 (Gulf To Lake Hwy) and S Bea Avenue. The entire site is situated on 5 acres of mixed PUD zoning which allows for commercial, residential and variety of uses. This well stabalized center has long tenant history and solid revenues with upside potential. Fronting Highway offers 323 of exposure and ingress and egress from both SR 44 and Bea Avenue. Daily traffic exposure peak daily at 31,500 TBD and neighboring power centers offer tenancy and consumer demand such as Walmart, Lowes, Tj Maxx, Regal Cinamas and a variety of quick service reasturants. The parcel poses a unique opportunity for redevelopment with leases being flexible and proximity to neighboring retailers. Significant growth in Citrus County is expected as the newly formed Suncoast Parkway is just miles away with an expected population growth of 30k in the immediate future. Detailed financials are on file providing NDA.
Bathrooms: 0.00
Square feet: 12,656
Price: $1,900,000
For more information about this property, please contact Elias Kirallah at 352-726-6668 or buyfloridanow@yahoo.com. You can also text 5995743 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).
See more listings at: http://citruscountycentury21.com
MLS ID: 789436
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