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1st Floor - Unit Retail Con
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Retail
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14,704 SF
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$8,500,000 USD
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Unit Size: 14,704 SF
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Condo Use: Retail
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Price: $8,500,000 USD
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Sale Type: Investment
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Price/SF: $578.07 USD
Description
The Property totals 14,704 SF and is 100% leased to five tenants: Publix Liquors, Brothers Thomas Bespoke Cafe, Feathersound Smiles, and Modern Medical and Back Bar.
Sale Notes
The property features all tenants operating under NNN leases, including Publix Liquors, which is on a 5-year term with additional extension options. It offers stable, long-term cash flow supported by staggered lease expirations extending through 2034. Situated in a high-barrier-to-entry submarket with limited new retail supply, the asset is ideal for investors seeking passive income, strong credit tenancy, new construction, and exposure to high-growth Florida markets. The property is also part of a recorded declaration governing the mixed-use tower, and annual property taxes are estimated at $80,000 to $100,000 based on the projected sale price.
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Jason Donald
Franklin Street
