0 Spring Hill Dr, Brooksville, FL 34604 - vacant land property

Detailed information about vacant land property which situated in Brooksville (34604) city, Florida state on 0 Spring Hill Dr.

Additional Information: Land sale / land lease / build to suit / 1.5 acres available on Spring Hill Drive located within walking distance from the new Kohl's and Target shopping center. Less the 1/4 mile from the north/south Veterans Hwy (589). This location is in an emerging development area. Plans accepted by the county to erect a 12,000 Sf building (to be built). Road exposure (frontage) of 350 feet. This location offers a land lease, lease with a build to suit or outright sale of the parcel. Exposure is at the highest level on Spring Hill Drive with an industrial park located as the next door neighbor on the east side and shopping centers and major big box stores located on the west side. Perfect spot for retail or food. Lease prices and build to suit will be determined on the users requirements. Outright land sale has been calculated at 9% cap rate based on a $16.00 per Sf of the completed project backing out land value. The owner of this parcel also owns another developed parcel directly next door, housing an automotive repair center and a retail store. This additional space could also be made available creating double the road exposure (over 800 ft of total frontage) to the right tenant or developer. Contact Tony Marra for further details. Area Located on the border of Spring Hill and Brooksville directly off the Veterans Hwy (589). A newly formed destination point for big box retailers. Located within minutes from Brooksville airport, Brooksville industrial park and as the main pass through to all of the residential subdivisions