Fairmount Plaza - Former Movie Theatre Listing Details & Market Data

Sebring, Florida is currently experiencing a dynamic period of growth and development. The city is witnessing a steady population increase, growing at a rate of 1.42% annually, with a 4.34% increase since the last census in 2020​​. This growth is part of a broader trend in Florida, where many, including out-of-state retirees and families, are seeking a more affordable and secure lifestyle away from the overcrowded cities​​. The development landscape in Sebring is diverse and expanding. Notably, a significant project, Hero’s Village, is planned off Sparta Road. This development will span 368 acres and include 1,100 residential and multiplex units, a 160,000-square-foot veterans service center, and a 20,000-square-foot community center, catering to the needs of disabled veterans​​. Additionally, the proposed construction of a three-building, 275-unit apartment complex at the intersection of Sebring Parkway and Scenic Highway indicates a response to the growing demand for residential spaces in the area​​. Tourism also plays a crucial role in Sebring's evolution. With rising tourism numbers, new attractions are being introduced, including The PARC, a 15-acre resort offering upscale 'tree canopy cottages' for short-term vacation rentals, further enhancing Sebring's appeal as a destination​​. These developments highlight Sebring's evolution into a hub that balances residential growth with tourist attractions, catering to both its growing local population and visitors seeking the unique charm and comfort of this Florida region.Introducing a prime commercial leasing opportunity at Fairmount Plaza, located at 3750 US HWY 27 N in Sebring, Florida. Previously housing the BnB Movie Theatre, this expansive space offers an impressive 15,379 +/- square feet of leasable area. It currently features six individual theaters, an inviting entrance lobby with a glass ticket counter, upstairs equipment rooms, and ample seating arrangements. Situated in a vibrant community, this location benefits from excellent visibility and high traffic, ensuring your business is noticed. Plus, the convenience of unlimited parking adds to the appeal for both staff and customers. The lease rate is competitively priced at $7.75 per square foot, plus Common Area Maintenance (CAM) fees and taxes. The owner is also open to subdividing the unit to suit different business needs, offering flexibility in terms of space utilization. Recent upgrades to the plaza include a newly replaced roof and a freshly paved parking area, enhancing the overall aesthetics and functionality of the space. Additionally, detailed surveys, a space floorplan, and seat count information are readily available to assist in your planning. To learn more about this unique leasing opportunity in Sebring, which is surrounded by a thriving local community and immediate demographics that support a wide range of business types, please contact Georgia Watson for further details and to arrange a viewing. This is an ideal location to establish or expand your business, benefitting from the dynamic environment of Sebring, Florida.