Palmetto Retail/Flex Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 29986153
Property Subtypes: Retail-Pad, Other
Building Size (RSF): 20,135 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Unit Price: $104.30 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2017

Overview / Comments

Total Square Feet: 20,135 SF +/-
Total Land Size: 1.64 Acres
Sales Price: $2.1 Million
CAP Rate: 8.0%
Multi-Tenant Retail / Flex property offers income and upside
potential with lease rates brought up to market
Consists of 2 concrete block, single story buildings with easy
access, ample parking and good visibility
Occupancy Rate: 100% with great rental history
PID #2623900053

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2623900053

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,836 48,878 151,777
Median Age: 39.57 40.4 43.73
Households: 3,085 18,681 62,591

Source

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