Listing Summary
Opportunity to own a strong stable investment property. Centrally located in a dense area with high traffic.
Full Description
INVESTMENT HIGHLIGHTS: Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 97% occupied, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases . 5% annual rent increases providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.
Quick Glance
- Listing ID:
CL-Florida-13100
- Status:
Active
- Year Build:
1989
- Building Size:
21,387 SqFt
- Lot Size:
39,204.00 Acre