SOLD! This well maintained Neighborhood Center condo is fully leased and available for sale as an investment property. The current tenant has a three year, triple net lease, with 3% annual escalations and a lease expiration date of March 28, 2025. The current NOI is $25,142 annually. The C1-A zoning has many allowable office and retail uses and the layout consists of a large open showroom/reception area, a large open workspace with overhead door for deliveries, one restroom and an additional restroom that is plumbed for service and is fully air conditioned with two A/C units.
The property is located on the west side of US41 with easy access via the lighted intersection of S. Tamiami Trail and Constitution Blvd. The population within a 5 mile radius is 89,569± and the FDOT reported the AADT (Annual Average Daily Traffic) to be 42,500 Cars Per Day in 2020.
Association Fees: $1,418.50 Per Quarter
Parking: 113 Shared Surface Spaces
Overhead Door: (1) 10' x 8'
Ceiling Height: 10'9"
Phone: (239) 489-3303
Cell Phone: (239) 470-5582
View Agent's Profile