$10,000,000
Big Pine Key, FL 33043
MLS# 115352
Status: Closed
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Property Description
Big Pine Key Shopping Center is the only major shopping center currently offered for sale in the Florida Keys. Offered at a 6.5% cap rate, the center is anchored by Winn Dixie, Beall's Outlet and Radio Shack. Built in 1984 and containing just under 100,000 SF on almost nine acres, this property is a prime triple net leased, fee simple investment or 1031 exchange property candidate. Potentially assumable existing CMBS mortgage.
Details
Maps
Contract Information
Current Price: $10,000,000
Listing Date: 2011-09-20
Listing Board: Key West Association
Leased Price Monthly: $10,000,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 251
Street Name: Key Deer
Street Suffix: Boulevard
Key/Island: Big Pine Key
State/Province: FL
Zip Code: 33043
Subdivision: Pine Key Acres (30.5)
Area: 11 - Big Pine Key, No Name Key
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 382021
Waterfront: No
Business Name: Big Pine Key Shop Ce
Building SqFt: 99196
Year Built: 1984
Association Info
Mandatory Home Owners Asc: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2013-07-09
Leased Date: 2013-09-11
Leased Price Monthly: $10,000,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Shop/Strip Center
Dockage: None
Utilities: FKAA
Construction: CBS; Stucco
Roof: Other Roof
Land Size: 5 Less Than 10 Acres
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.