NNN leased 4K investment office, international software company

Office for Sale
Catylist Listing ID: 30643520
Property Subtypes: Business Park, Net Leased, Office Building
Condo? Yes
Building Size (RSF): 3,961 SF
Gross Building Area: See Agent
Sale Price: $890,000
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Prestige Place
Class of Space: Class A
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 8.58%
Average Occupancy Rate: 100
Last Updated: 11/23/2020

Overview / Comments

This is a NNN leased investment sale with owner financing.
The tenant Ocuco is a world leader in international optical software for doctors and eyeglass labs. The property is part of a top quality beautiful office condominium called Prestige Place that is very well run with very good reserves.
See attached flyer for full details. The property consist of 2 units that have been joined. General office and a medical suite. Owner will hold financing with $300,000 + down.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Largo
Tax ID/APN: 16 30 08 73097 001 1050
Is Condo?: Yes
Property Located Between: 66th St just south of Ulmerton Rd.
Property Visibility: Excellent
Sprinklers: None
Zoning Description: commercial
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,513 105,854 273,830
Median Age: 43.44 45.67 45.74
Households: 6,781 46,130 122,927


Photograph of Listing Agent

Michael Schweiger

Target Commercial Real Estate
CE-FL Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Exchange Florida nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.