Inverness, FL - Powell Square
$1,817,000
1213-1221 U.S.-41 & 1106-1110 Sterling Rd, Inverness, FL 34450
For Sale
Retail
Active
Last Updated: 08/16/2025
7
Cap Rate
127,188
NOI
Details:
Cap Rate: 7%
NOI: $127,188
Zoning: C Commercial
Description:
• Two fully leased retail buildings.
• Mix of automotive, service and restaurant tenants.
• Opportunity to convert in-place gross leases to NNN.
• H&R Block (NYSE: HRB) occupies a portion of the Sterling building.
• The subject property is located adjacent a Publix anchored shopping center and a Winn-Dixie
• Less than 0.5 mile from Planet Fitness-anchored Inverness Regional Shopping Center.
• Adjacent Dairy Queen draws additional traffic to the property.
• Nearby are recently developed Chipotle, 7-11 and Corta Commons Center
• Synergy with nearby retail promotes crossover shopping to the subject property.
Location
Gallery
