2568 & 2574 Commerce Parkway, North Port, FL 34289

$1,090,000
Add to Favorites Request Information New Search
View on Map Request Info Add to Favorites
Sold Price
$1,090,000
List Price
$1,120,000
Status
Sold
Closing Date
Feb 17, 2021
MLS#
C7430619
Property Style
Office
Year Built
2006
Lot Size
294,345
Acres
6.76
Total Acreage
5 to less than 10
Legal Subdivision Name
Toledo Blade Prof Center
MLS Area Major
North Port
Contact Us Call Us View on Map New Search

941-286-7834

Property Description

NNN investment opportunity in Sarasota County with 7.5% CAP. Freestanding office condominium building located in Toledo Blade Professional Center, off of Toledo Blade Blvd. Located among other small professional and medical offices. The tenant is Progressus Therapy, LLC. PROPERTY HIGHLIGHTS • 5 Year Lease • 3% annual base escalation rate • Tenant has 2 options to renew the lease for 5 years each with 3% annual increases to base rent • Pass-Through expenses will be capped at 4% annually • Year 1 gross income $108,000 • Year 1 pass-through expenses $24,000 • Year 1 net operating income $84,000 See brochure for full details

941-286-7834
Contact Us
Search All Properties

Additional Information

Taxes Annual
$4202
Community Features
No Deed Restriction
Zoning
PCDN
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
0962011018
Legal Description
UNIT 1601, BLDG 16, TOLEDO BLADE PROFESSIONAL CENTER
Request Info Add to Favorites
Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. Selling Office: STELLAR NON-MEMBER OFFICE.

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on