Gamestop & Verizon
$2,000,000
6751 N Church Ave, Mulberry, FL 33860
For Sale
Retail
Street Retail
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