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    2568 & 2574 Commerce Parkway

    North Port, FL 34289
    • $1,120,000
    • STATUS: Pending
    • ON SITE: 207 days
    • MLS #: C7430619
    Pending
    $1,120,000
    • 0
      BEDS
    • 6.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    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% annualincreases 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 $84,000See brochure for full details

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-01-26T23:40:09.997.
    www.hecklerrealty.com/homes/107490791
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    2568 & 2574 Commerce Parkway North Port, FL 34289

    • Price: $1,120,000
    • Status: Pending
    • MLS #: C7430619
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.76
    Acres
    2006
    Built
    Neighborhood:
    Toledo Blade Prof Center
    County:
    Sarasota
    Area:
    North Port
    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% annualincreases 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 $84,000See brochure for full details
    Exterior Features

    Construction Materials Block Foundation Details Slab Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Stories Total 1

    Property Features

    Additional Parcels Yn No Business Type OtherProfessional Service Flood Zone Code X New Construction Yn No Property Sub Type Office Special Listing Conditions None Tax Annual Amount 4202.58 Tax Year 2019 Total Num Buildings 1 Zoning Pcdn


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Coldwell Banker Residential Re.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-01-26T23:40:09.997.
     
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    Heckler Realty
    7116 Gulf Blvd
    St Pete Beach FL, 33706