Newly Built Windermere Retail Center

14393 Bridgewater Crossings Blvd, Windermere, FL

$4,890,000

Price

6.01%

Cap Rate

$293,685.09

NOI

Overview
Cap Rate
6.01%
NOI
$293,685.09
Building Size
10,804 sqft
Lot Area
1.08 acres
Occupancy
100%
Units
7
Year Built
2019
Floors
1
Description

New 2019 construction boutique Class A retail center 100% leased in Windermere. Perfectly situated on Bridgewater Crossings Blvd to service the Summerport, Independence, Windermere and Winter Garden communities. It is also only 1 Mile From the new 220 acre traffic generating Horizons West Mega park! Central Parc at Bridgewater Crossings is designed as a walkable neighborhood retail center immediately adjacent to Keene's Crossing Elementary school and Summerport Park. Ample surface and county provided street side parking. The double building neighborhood center has 4 endcaps; 2 with patio dining overlooking the manicured courtyard. The center is leased at below market Windermere/Hamlin rents in the mid $40's and $50's/sf, leaving it with great upside potential!

Central Parc at Bridgewater Crossing is tucked perfectly into the center of the Summerport community. Servicing Summerport, Independence and Hamlin Communities

Highlights
  • 100% Leased - Average 7 Years Remaining On Leases
  • Recession Resistant Tenant Mix
  • Tenants: Pizza, Nails, Ice Cream, Insurance, Childcare, Veterinary, Dental and Weightloss
  • Rapidly Growing Affluent Market
  • Adjacent to New Elementary School and Public Park
  • Lowest Rental Rates in Windermere/Hamlin Submarket
  • 1 Mile From the New 220 Acre Traffic Generating Horizons West MEGA Park!
Documents

Location