Opportunity to expand your business into a quality retail or office space at a reasonable price such as this simply does NOT happen to often... The developer is selling a portfolio that consists of 4 brand new high quality commercial properties (retail and office space) with a discount of over $311,000, 9% cap rate, 14.8% of return on money invested and 70% are already occupied with high quality tenants and lease from 24-36 months ! The office/retail space is in a prime location right in the middle of Sanford, FL. Just minutes from Orlando!
Click here to download the executive summary...
- Property Use Type: Investment
- Primary Type: Retail (Other)
- Building Size: 8,100 SF
- Occupancy: 70.00%
- Price: $1,944,000
- Price/SF: $240.00
- Cap Rate: 9.00%
- Net Lease Investment: Yes
- Years left on Lease: 3
- Date Last Verified: 10/17/2007
- Property ID: 15390924
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