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2442 NE HWY 70
ARCADIA, FL 34266-8560
Asking Price
$795K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Prime Commercial Corner with Hwy frontage on US HWY 70 <p>Prime Cmmercial <span style="color: rgba(0, 0, 0, 1)">Location!! - Prime Location in the commercial hub of Arcadia. Nearly 3/4 acre on an excellent corner at the intersection of US Hwy 70 and SR 31. Daily traffic count at this intersection is up to 30,000 trips. Directly across from major businesses like Walgreens, Culvers, KFC, Taco Bell, Publix, Holiday Inn Express, Walmart Super Center and more. This site has a 2,000 Sq Ft office buidling currently occupied Optomitist. The lot is 33,000 sq
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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285
