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Licensed Florida Real Estate Brokerage · Kenneth Bonnardel, Broker of Record
Property photo of Ridge Crossing Plaza
For saleRetail · Polk County, Florida

Ridge Crossing Plaza

$11.94M
OVERVIEW

A hundred thousand square feet of grocery-anchored highway retail at a 9% going-in cap — priced well below replacement cost, with lease-up and outparcel upside on fifteen acres.

9% cap100,113 SF
LocationPolk County, Florida — state-highway frontage, 28,000 AADT
Building SF100,113 SF on 15.1 acres
AnchorValue grocer in occupancy since 1998
Tenancy89% leased — credit government, regional retail, and medical tenants
Going-in cap rate9.0% · NOI $1,074,761
Year built1979 · renovated 2006
Upside11,000+ SF ready to lease · below-market rents · outparcel potential
HOW ACCESS WORKS

Register with your name, email, and phone, and accept the confidentiality agreement. The deal room opens immediately — offering memorandum, financials, and documents — and a principal is notified. Registration covers this deal only.

Open the deal room

Register to open the deal room for Ridge Crossing Plaza — offering memorandum, financials, and documents.

Read the full confidentiality agreement
  1. Confidential information. The offering memorandum, financials, rent rolls, leases, and every other document or detail made available through this deal room (the “Materials”), including — except to the extent Earnest CRE has itself made it public — the fact that the property is available for acquisition, are confidential.
  2. Permitted use. I will use the Materials solely to evaluate a possible acquisition of the property and will not copy, distribute, or disclose them to anyone except attorneys, accountants, lenders, and advisors who need them for that evaluation and who agree to be bound by these terms. I remain responsible for their compliance.
  3. Non-disturbance. I will not contact or disturb tenants, occupants, on-site staff, property management, or the owner’s employees or lenders, and I will not visit the property except as an ordinary member of the public or on a visit arranged by Earnest CRE.
  4. Inquiries through Earnest CRE. All questions, requests, offers, and negotiations concerning the property will be directed exclusively through Earnest CRE. I will not approach the owner directly or otherwise circumvent Earnest CRE.
  5. No representation or warranty. The Materials come from the owner and other sources deemed reliable, but neither Earnest CRE nor the owner makes any representation or warranty as to their accuracy or completeness, and projections are estimates only. I will rely solely on my own investigation and the advice of my own advisors.
  6. Principal capacity. I am acting either as a principal for my own account or in the representative capacity I disclosed on this form. I am not entitled to any fee or commission from the owner or Earnest CRE in connection with the property unless separately agreed in writing.
  7. No obligation to sell. The owner may amend or withdraw the offering, decline any offer, and negotiate with any party at any time, in its sole discretion, without liability to me.
  8. Return of materials. Upon Earnest CRE’s request, or when I stop evaluating the property, I will destroy or return the Materials and all copies, extracts, and notes derived from them.
  9. Term. These obligations take effect when I submit this form and continue until the earlier of the property’s sale or two (2) years from acceptance.
  10. Remedies and governing law. A breach of these terms may cause the owner and Earnest CRE irreparable harm for which money damages would be inadequate, entitling them to injunctive relief in addition to any other remedy. This agreement is governed by the laws of the State of Florida.
  11. Electronic acceptance. Checking the acceptance box and submitting this form constitutes my electronic signature and creates a binding agreement covering me and any entity on whose behalf I act, effective as of the date and time of submission recorded by Earnest CRE. Earnest CRE records the date, time, and IP address of acceptance as evidence of this agreement.
Access is instant. Your information stays confidential — and a principal is on hand for questions.
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