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: 2/18/2018

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
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