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: |
$895,000 |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Prestige Place |
| Class of Space: |
Class A |
| Sale Terms: |
Owner Financing |
| Cap Rate: |
8.58% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
9/22/2020 |
Overview / Comments
This is a NNN leased investment sale with owner financing.
The tenant Ocuco is a leader in international optical software for doctors and eyeglass labs. The property is part of a top quality 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.
|
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 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
66th St just south of Ulmerton Rd. |
| Property Visibility: |
Excellent |
| Sprinklers: |
None |
| Zoning Description: |
commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
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 |
|
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