For Sale: Palm Plaza RETAIL STRIP PLAZA - LONG TERM TENANTS
For Sale: Palm Plaza RETAIL STRIP PLAZA - LONG TERM TENANTS
Discover a lucrative investment opportunity in the heart of Palmetto Market with Hasko Plaza, exclusively listed by Brokers International Real Estate. This remarkable property boasts a stabilized Net Operating Income (NOI) of $132,862.80, making it an enticing prospect for savvy commercial real estate investors.
One of the standout features of Hasko Plaza is its esteemed tenant base, consisting of businesses that have invested over a million dollars into their custom-built spaces. These tenants demonstrate a strong commitment to their respective industries, adding to the stability and desirability of this commercial property.
Hasko Plaza's strategic location ensures a consistent flow of customers and maximizes the potential for profit. Situated as an out parcel of the renowned Walmart, just off the interstate, the property benefits from the high visibility and foot traffic generated by this major retail anchor. The Palmetto Market, with its vibrant commercial scene, offers an ideal environment for businesses to thrive.
In addition to its prime location, Hasko Plaza presents a compelling financial proposition. The leases for the retail units are structured with an annual increase of 3%, providing investors with a steady and predictable income stream. With a potential annual increase of up to 7350%, the property promises substantial long-term growth and value appreciation.
Investors will appreciate that Hasko Plaza is an absolute NNN (Triple Net) investment, entailing zero landlord responsibilities. This hassle-free investment structure allows you to enjoy the benefits of passive income without the burdens typically associated with property management. It offers a truly hands-off experience, making it an ideal opportunity for both seasoned and first-time commercial real estate investors.
Furthermore, the surrounding area's high traffic count further enhances the appeal of Hasko Plaza. The property's prominent location ensures a constant influx of potential customers, boosting the visibility and profitability of the businesses within the plaza. This exceptional market exposure ensures a solid foundation for long-term success and sustained revenue generation.
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