2582 Commerce Parkway, North Port, FL 34289

$665,000
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Sold Price
$665,000
List Price
$662,337
Status
Sold
Days on Market
349
Closing Date
Jun 14, 2022
MLS#
C7440916
Property Style
Office
Year Built
2007
Lot Size
3,000
Acres
0.10
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Toledo Blade Prof Center
MLS Area Major
North Port
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941-286-7834

Property Description

Investment opportunity in Sarasota County with a 6.25% Cap Rate. Brand new 5- year leases for both tenants starting upon completion of buildout. Units A&B are 1,960 SF MOL and unit C is 980 SF MOL. Rent roll and expense sheet are attached below. Professional offices located in this complex include Millennium Physicians Group, Earth Balance, Edward Jones, and Sandy Creek Partners. PROPERTY HIGHLIGHTS 6.25% Cap Rate Gross income $54,880.00 Net Income $41,396.06 Unit A&B 1,960 SF MOL Unit C 980 SF MOL Multi-tenant investment opportunity New 5-year leases PROPERTY HIGHLIGHTS -Build-to-suit building! -Can be built out for 1-3 units. -Professional offices off Toledo Blade Blvd. -Perfect for an owner/user or investor -Permits already pulled

941-286-7834
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Additional Information

Taxes Annual
$4259
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
0962011021
Legal Description
BLDG 18, TOLEDO BLADE PROFESSIONAL CENTER
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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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

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