Property Listing No Longer Available for Sale

260 Cypress Edge Drive, Palm Coast, FL

Retail for Sale - $11,700,000 - 96,891 Sq. Ft. on 10.35 acres


Property Info

CIMLS#60022
Location
  260 Cypress Edge Drive
  Palm Coast FL 32164
UpdatedAugust 11th, 2008
TypeRetail
Price$11,700,000
Building96,891 Sq. Ft.
Land10.35 acres

Property Description

INVESTMENT HIGHLIGHTS:

* Flagler County was Fastest Growing

County in 2006 Growing 67% from 2000-

2006

* Priced at $120/SF, at or Below

Replacement Cost for a Brand New

Class A Anchored Shopping Center

* Directly Adjacent to Brand New Lowe's

* Shadow Anchored by Super Wal-Mart

* Belk Currently on 20 Year Ground Lease

* Belk's 1-Year Sales Growth for 2007 was

24.1% and 1-Year Net Income Growth of

32.8%

* Visibility from I-95 & Palm Coast

Parkway

* True Pride of Ownership


Financials

Please See Attachment Below.