Investment Opportunity - Real Estate Only

Retail-Commercial for Sale
Catylist Listing ID: 30045362
Property Subtypes: Mixed Use, Restaurant
Condo? Yes
Building Size (RSF): 2,100 SF
Gross Building Area: See Agent
Sale Price: $315,000
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Gallery Plaza - Englewood
Sale Terms: Cash to Seller
Last Updated: 12/1/2017

Overview / Comments

Commercial condo with restaurant tenant in place. Existing lease with about two years remaining. Good CAP Rate. New Ac. Kitchen has double hood system. This is a great investment opportunity with excellent visibility from a high traffic hwy. (Rt. 776).

Commercial Condominium. Assn responsible for structure and roof
Condo Fees $175.00 per month for each unit

* 2100 square feet includes Walk-in Cooler in rear of unit.

Tenant pays 2,675.00 inclusive of CAM and Sales Tax monthly

Tenant responsible for Garbage

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte
Tax ID/APN: 412003826008
Is Condo?: Yes
Zoning: CG
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Spinnaker Blvd. and Pennell Street
Property Visibility: Excellent
Largest Nearby Street: Rt.#776
Traffic/Vehicle Count: 34,000
Highway Access: Via Spinnaker Blvd
Airports: Ft. Myers, Sarasota, Punta Gorda airports
Site Description: Great small strip center with excellent visibility form El Jobean Road.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,100 SF
Property Condition: Good
Year Built: 1988
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Interior Description: New HVAC within last 3 months. Oversized Hood System Roof Resealed within the last 2-3 years
Zoning Description: Commercial General
Land Ownership: Condo

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,539 22,611 43,303
Median Age: 51.95 57.21 59.02
Households: 2,479 10,749 21,376
© Copyright My Florida Commercial Real Estate. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.