Sebastian Plaza

Investment Highlights:

• Compelling Value‑Add Retail Opportunity: Significant upside through leasing of vacant space and repositioning below‑market rents in a neighborhood retail setting.
• Strong Treasure Coast Location: Located in Sebastian, Florida, a growing coastal community with favorable demographics, steady population growth, and expanding local commerce.
• Well‑Positioned Neighborhood Center: Approx. 8,800 SF of retail space on a ±1.83‑acre parcel with strong visibility and accessibility for service‑oriented tenants.
• Favorable Florida Ownership Environment: Benefits from Florida’s pro‑business climate and lack of state income tax, supporting long‑term investment performance.

 
Offering Summary: 

Sebastian Plaza is a neighborhood retail investment located at 250 Sebastian Boulevard in Sebastian, Florida. The property consists of approximately 8,800 square feet of retail space situated on a ±1.83‑acre parcel and was constructed in 1980. The center is currently 36% occupied and includes a mix of service‑oriented tenants, providing clear upside through lease‑up and operational improvement.

The property offers a compelling value‑add profile, with multiple vacant suites and existing tenants on short‑term or month‑to‑month leases. This structure allows an investor to implement an active leasing strategy, capture market rental growth, and enhance long‑term cash flow and asset value.
Sebastian Plaza is positioned within the Treasure Coast of Florida, a region benefiting from steady population growth, high homeownership, and a diversified local economy supported by healthcare, retail, construction, and professional services. The surrounding demographics and growing residential base support continued demand for neighborhood retail and daily‑needs services.

This offering presents an opportunity to acquire a well‑located Florida retail asset with operational flexibility and meaningful long‑term upside.

Auctioneer: Lamar P. Fisher Fisher Auction Company Inc. License: AU93 Fisher Auction Co: AB106