Posted on: November 4, 2016
New Florida Commercial Investment Opportunity: 21st Century Pavilion Retail Plaza
The MSR team is pleased to offer a new commercial real estate investment opportunity exclusively to our valued investors – 21st Century Pavilion Retail Plaza
The projected return on investment on this property is 15% – 21% per annum. Over a five year investment timeline, we expect the value of the property to increase by over $1.9 Million.
About this Florida Commercial Investment Property
21st Century Pavilion is a one storey, 18,441 SF retail plaza located on US Highway 19 in New Port Richey, Florida. The recently renovated property is 100% occupied, and is strategically located across the street from the Publix-anchored Southgate Shopping Center, with easy access to US Highway 19 and within close proximity to some of Tampa’s largest housing communities.
- Building Size: 18,441 SF
- Total Land Area: 1.95 Acres
- Property Type: Retail
- Property Use Type: Investment
- Cap Rate: 9%
- 100% occupancy
- High visibility on US Highway 19
- Opportunity for significant value increase
21st Century Pavilion is an excellent opportunity for investors to own a turn-key retail plaza, offering immediate cash flow with 100% of the available space currently leased. As tenant leases come up for renewal, rents will be increased to match market value.
It also offers significant capital appreciation over a 3-5 year investment timeline as cap rates decline and as net operating income increases.
MSR Holdings specializes in profitable commercial real estate investment opportunities in the US. To receive more detailed information or to participate in this unique real estate investment opportunity, please contact us. Call us at 1-866-995-2929 ext.4 or via email at firstname.lastname@example.org.
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