Shopping Centers in Palm Coast, Florida, offer a unique investment opportunity for those looking to capitalize on the city's growing population and economy. As a hub for healthcare, retail, construction, and tourism, Palm Coast provides an ideal environment for shopping centers to thrive. These properties can represent a range of investments, from strip centers and community centers to power centers and regional malls, each catering to the diverse needs of the local community. With its well-planned infrastructure, including paved streets, central water and sewer systems, and an extensive water management system, Palm Coast provides an attractive setting for shopping centers. The city's proximity to major cities like St. Augustine and Daytona Beach, as well as its own growing arts scene, make it an attractive destination for residents and visitors alike. Additionally, the presence of institutions like Daytona State College and Flagler Technical Institute ensures a steady flow of students and professionals, creating a diverse customer base for shopping centers.
Palm Coast's shopping centers offer a unique blend of local charm and convenience, with 5 listings available for sale. The average price per square foot is $174 USD, with an average size of 15,882 square feet and a largest size of 24,700 square feet. The average cap rate is 7.9%. In addition to shopping centers, Palm Coast also offers a range of other property types, including restaurants, specialty properties, land, and office properties. Restaurants in Palm Coast benefit from the city's growing population and tourism industry, while specialty properties like medical offices and banks cater to the local community's needs. Land in Palm Coast is ideal for development, with its well-planned infrastructure and growing economy. Office properties in Palm Coast, such as the Palm Coast Data company, provide a hub for local businesses and employers. Overall, Palm Coast offers a diverse range of investment opportunities, making it an attractive destination for investors and business owners alike.
What is the average cap rate for shopping centers in Palm Coast?
For investors seeking to capitalize on Palm Coast's growing population and economic development, the average cap rate for shopping centers in this area is 7.9%, making it an attractive opportunity to diversify your portfolio.
