9.5% Cap Rate, 100% Leased
108 Lagrande Boulevard, The Villages, Florida 32159
Sold: $1,050,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
7,800 sqft
Land Size
1.1 acres
Sewer
City
Water
City
Zoning
CP - Planned Commercial
Year Built
1987
Parking
30+
100% Leased
9.5% Cap Rate
Construction
Block
On The Golf Cart Path
to Post Office & Bank
Property Description
9.5% Cap Rate
For Sale $1.4 million
· 100% Leased!
· 7,800 SF of Office Space
· Inside The Villages, the Largest Single-Site mixed use residential development in the U.S
· Golf Cart Access & Close to Golf Cart Bridge on US 441/27
· 1.1 +/- Acres
· Zoned CP- Commercial Planned
· Alt Key # 3857645
3 Tenants
Total Annual Rent $140,400.00
Expenses -$ 7,400.00
(Landscaping, Area Lighting, HVAC Maint. Est.)
Net Operating Income $133,000.00
Cap Rate 9.5%
Offering Price $1.4 million