05111 Commercial Way, LLC

5111-5135 Commercial Way

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    Project Description

    The subject is a Shopping Center (Convenience/Strip Center) property totaling 15,253 SF of NRA located on a 1.81-acre site at 5111 Commercial Way in Spring Hill, Florida. The improvements were built in 1984, are in average condition and have a remaining economic life of 25 years based on our estimate. The subject property has a multi-tenant design that is currently occupied by third-party tenants, and has a current occupancy level of 100.0%, which is above the stabilized occupancy level estimate of 95.0%

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