Office Depot Listing Details & Market Data

Colliers, as exclusive broker, is pleased to offer the opportunity to acquire a single tenant, Office Depot (the “Property”) in Sebring, Florida, along US Highway 27 which carries 41,000 vehicles per day in a market where Office Depot has no competition and attracts over 73,000 customer visits per year. The 1.86-acre parcel benefits from smooth traffic flow from both US-27 and the secondary road New Life Way. The neighboring Bob Evans and Aldi rank at or near the top 10% of their respective chain locations in Florida. Retail market vacancy of 2.6% and asking rent growth of 4.6% indicates a favorable environment for landlords. New restaurants and service providers are drawn to the intersection: Chick-fil-A, Tidal Wave Car Spa, Caliber Car Wash, GoldLeaf, and Dunkin’. Beyond retail, the market is characterized by high demand for medical services.

For Sale