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6031 Cypress Gardens Blvd
Winter Haven, FL 33884

Publix Anchored Multi-Tenant Center · Retail Property For Sale

Investment Highlights

  • Publix Anchored Shopping Center located directly across from Legoland Florida
  • Significant Upside can be realized by repositioning the 6,340 Square Foot End Cap which has a lease expiration in January 2021
  • New Roof and Major Improvements Completed in 2020
  • Publix Accounts for More than 80% of NOI
  • Publix boasts very strong store sales (Speak to Listing Agents for Details)
  • Numerous new hotels planned/under construction within walking distance

PROPERTY FACTS

Property Type
Retail
Building Size
65,000 SF
Building Class
B
Year Built
1994
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
9.00 AC
Parking
500 Spaces (7.69 Spaces per 1,000 SF Leased)
Frontage
1,639 ft on Cypress Gardens Blvd

Amenities

  • Pylon Sign

About 6031 Cypress Gardens Blvd , Winter Haven, FL 33884

Marcus & Millichap is pleased to present for sale Winter Haven Square, a 65,000 Square Foot Publix Anchored Shopping Center located in Winter Haven, Florida. Located directly in front of the entrance to The Legoland Florida Resort, this property benefits from multiple traffic drivers including tourists visiting the park as well as those staying at the numerous hotels surrounding the property. The Publix boasts strong store sales which are expected to increase even more once the vacant Kmart Shopping Center next door is redeveloped into a 107 room hotel. Winter Haven Square also has a 6,340 square foot retail space with rents well below market becoming available for re tenancy in January of 2020 which provides a new owner with significant upside in rental revenue. Winter Haven Square is a 100 percent Occupied Nine Tenant Publix Anchored Shopping Center situated on a large 9-Acre- Parcel of Land. The immediate area boasts strong expected population growth of 9 percent for the next five years. There are numerous hotels within walking distance of the subject property which include Legoland Hotel (152 Rooms), Legoland Beach Retreat (83 Bungalows), Courtyard By Marriott (111 Rooms), Econo Lodge (159 Rooms), the planned Home2 Suites (107 Rooms), and the planned Legoland Pirate Resort (150 Rooms). Legoland Florida Resort is a vacation destination in Winter Haven, Florida featuring a theme park, water park and on-site accommodations. It opened as Legoland Florida on October 15, 2011 and later rebranded itself Legoland Florida Resort with the opening of Legoland Hotel in May 2015. The park encompasses 145 acres (0.59 km2), making it the second-largest Legoland park after Legoland Windsor in the UK.[6] Built on the site of the former Cypress Gardens theme park, Legoland preserved the botanical gardens and re-themed the water park and select attractions and venues to reflect various Lego brands.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-29-02-663630-000281
  • 26-29-02-663640-002992
Land Assessment
$5,283,595
Improvements Assessment
$501,815
Total Assessment
$11,006,884
  • Listing ID: 15900206

  • Date on Market: 2019-04-29

  • Last Updated:

  • Address: 6031 Cypress Gardens Blvd, Winter Haven, FL 33884

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