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Gamestop & Verizon

$2,000,000

6751 N Church Ave, Mulberry, FL 33860

Active
Last Updated: 11/18/2025

6

Cap Rate

120,006

NOI

Details:
Cap Rate:    6%
NOI:    $120,006
Building Size:    4,650 sqft
Lot Area:    0.49 acres
Class:    C
Units:    2
Year Built:    2004
Floors:    1
Highlights:
  • Florida is an Income Tax–Free State
  • Two-Tenant Strip Center Positioned as an Outparcel to a High Performing Walmart Supercenter
  • Top-Ranking Walmart Supercenter per Placer.ai | 2.8 Million+ Visits Annually
  • Verizon Operated by TCC (ABC Phone of North America) | Leading Verizon Authorized Retailer with 700+ Stores Across the U.S.
  • Verizon is Currently Paying a Replaceable Rent of $24.92/SF | Neighboring AT&T is Currently Paying $48.88/SF
  • GameStop Has Successfully Operated at This Location Since 2004 (+20 Years) | Proven Location Paying Below-Market Rent
  • Located in Mulberry, FL | Part of the Growing Lakeland–Winter Haven MSA – the 7th Largest in Florida
  • Extremely Affluent Community with Average Household Incomes Exceeding $100K Within 1-, 3-, and 5-Mile Radius
  • Mulberry is a growing community with projected annual growth rates of +3% in a 1-,3-, and 5-Mile Radius
  • Located Less Than One Mile from the Recently Developed Park Ridge Apartments | 97+ Units
  • Highly Visible Location Along N Church Ave | Daily Traffic Exceeding 29,000 Vehicles
  • Strong Retail Corridor with Neighboring National Tenants Including Taco Bell, Walmart Supercenter, Murphy USA, Zaxby’s, O’Reilly Auto Parts, AutoZone, Mister Car Wash, and Many More
Map:
Location