Fully Leased Investment Opportunity!

Office for Sale
Catylist Listing ID: 30539171
Property Subtypes: Mixed Use
Building Size (RSF): 14,433 SF
Gross Land Area: 88,732 SF
Sale Price: $1,200,000
Unit Price: $83.14 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Business
Building Name: Three Oaks Executive Park
Class of Space: Class B
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 9.57%
Average Occupancy Rate: 100
Last Updated: 8/31/2020

Overview / Comments

Fully Leased Investment Opportunity! Ideally located with high visibility and well-maintained. Net Operating Income is $114,804 with a cap rate of 9.57%.
Strong tenants in place with lease options through 2023.
Well-designed floor plan and layout. Newer Neutral Paint/Flooring.
Call Jamie Van Vliet or Chris Van Vliet (941-993-7087) for detailed financial information.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: City of Bradenton
Tax ID/APN: 4955100005
Zoning: BR_P
Property Located Between: East Side of 26th St W. near interstion of 26th Ave. W
Property Visibility: Excellent
Area Description: East Side of 26th St W. near intersection of 26th
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1968
Construction/Siding: Concrete
Exterior Description: Concrete/Stucco
Parking Type: Surface
Total Parking Spaces: 28
Internet Access: DSL
Zoning Description: BR_P
Lot Frontage: 245
Lot Depth: 267
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BEG AT NE COR OF LOT 1 BLK A TWENTY-SIXTH ST ADD (PB 8 P 2); TH S, ALG E LN OF SD BLK A, 110 FT TO THE POB; TH CONT S, ALG SD E LN, 422.26 FT TO SE COR OF LOT 7 OF SD BLK A; TH N 89 DEG 22 MIN 10 SEC W, ALG S LN OF SD LOT 7, 134 FT TO THE SW COR THER EOF; TH N, ALG W LN OF LOTS 7 & 6 OF SD BLK A, 152 FT TO SE COR OF LOT 36 OF SD BLK A; TH N 89 DEG 22 MIN 10 SEC W, ALG S

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,859 113,724 189,949
Median Age: 43.01 43.48 43.87
Households: 9,150 49,080 79,992

Contact

Photograph of Listing Agent

Jamie Christine Van Vliet, PA

MICHAEL SAUNDERS & COMPANY MFCRE Member
© Copyright 2001-2020 Catylist. 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.