Building Size | 16,410 Square Feet |
Land Size | 0.84 Acres |
Zoning | Office |
Electric | Florida Power |
Year Built | 1982 |
Construction | CB |
Roof | Flat |
Sewer | City |
Parking | Approx 49 |
Water | City |
Cap Rate | 11% With 5% Vac Factor |
Length of leases | Majority go to 2012 |
Occupancy | 100% |
Price per sq ft | 78.37 |
Solid investment property: This well-built, well-located office complex is for sale. All but 1 of the 8 suites has been renovated, and all with updated mechanicals (roofs, AC units, plumbing). Located 1 mile east of downtown Clearwater, it offers central location and ease of operation. Partnership dissolution prompts sale. 11% cap with 5% vacancy rate. Most leases until 2012+. More information available attached and upon request.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.
Powered by TotalCommercial.com