$2,000,000

About This Property

Triple Net Lease Investment WITH Owner Occupancy Opportunity!! Free Standing Office building with 95 feet of frontage on Gulf to Bay. Suite C is 1,673 sqft of Office Space available to move in immediately. The building consists of 9,688 htd sqft of office space and includes 3 lots directly behind the building used for parking. Current owners have 2 tenants in place with Triple Net leases with 5-year terms and options to extend for two more 5 year terms with a 3% Escalation per year. Limited deferred maintenance, the Roof and HVAC units were both replaced in January 2020. The building offers a generator fueled by 4 propane tanks along the back side of the building. Financials are available upon request from the listing agent.

infoProperty Details

Property Type

Office

Year Built

1970

Living Area

9,688 sqft

Lot Size

0.33 acres

Bathrooms

0

Ownership

Corporation

Days on Market

260

Cumulative DOM

366

List Date

chairInterior Features

yardExterior & Lot

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Listed By

TRP REAL ESTATE GROUP LLC

727-953-7303