Catylist ID: #30315575
Market Circle Industrial Warehouse Condo For Sale
Industrial for Sale
|Catylist Listing ID:||30315575|
|Property Subtypes:||Industrial-Business Park, Light Industrial, Warehouse/Distribution|
|Building Size (RSF):||2,300 SF|
|Gross Building Area:||9,300 SF|
|Property Use Type:||Vacant/Owner-User|
|Building Name:||Kingston Plaza Building #2|
|Usable Size (USF):||2,295 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
• 2,300 SF industrial warehouse for sale located in Kingston Plaza on Murdock Circle in the heart of Port Charlotte's industrial district.
• Property use as stated in the condo docs: Units shall be used for business, commercial or industrial offices, or warehouse space.
• Unit has 2 - 12' OHDs.
• 225 SF of office space.
• Real estate taxes = $2,558.03
• Condo association fees = $2,280 (annually)
• Located within 1 mile of the Port Charlotte Town Center Mall and major restaurants and retailers such as Applebee's, Best Buy, Chili's, Olive Garden, Outback Steakhouse, Red Lobster, Sonny's BBQ, Target, TGI Friday's, Walmart, and more!
• Current tenant is on a month to month rental at $1,200 per month. Rent is below market rent.
|Annual Revenue||$14,400 (Annual)|
|SF of Space Occupied||2,300 SF|
|Current Rent||$1,200 PSF (Annual)|
|Tenant Notes||tenant is paying $1,200 a month $6.26 SF Gross this about $1.50 to $2.00 below market rent|
|Nearest MSA:||Punta Gorda|
|Property Located Between:||Market Circle and Enterprise|
|Site Description:||Fencened in Condo property with two building|
|Area Description:||Located within 1 mile of the Port Charlotte Town Center Mall and major restaurants and retailers such as Applebee's, Best Buy, Chili's, Olive Garden, Outback Steakhouse, Red Lobster, Sonny's BBQ, Target, TGI Friday's, Walmart, and more!|
|Total Number of Buildings:||2|
|Number of Stories:||1|
|Parking Ratio:||2 (per 1000 SF)|
|Zoning Description:||Industrial General (IG) - The purpose and intent of this district is to allow various light industrial and higher-intensity commercial uses. All industrial processes shall take place within completely enclosed buildings unless approved by a special exception. Storage of materials and finished products may be permitted within an enclosed yard with appropriate screens and buffering.|
|Legal Description:||KINGSTON PLAZA UN 2-H 808/2020 967/1253 2142/2067 2914/1364 KINGSTON PLAZA UN 2-I 808/2020 967/1253 2142/2067 2914/1364|
|Proximity:||1 mile||3 miles||5 miles|
Ron A Struthers, PACOLDWELL BANKER COMMERCIAL NRT
Justin HuxstepCOLDWELL BANKER COMMERCIAL NRT MFCRE Member
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