4680 Placida Road, Englewood, FL
Shopping Center for Sale - $760,000 - 7,200 Sq. Ft. on 0.68 acres
Property Info
| CIMLS# | 844712 |
| Location 4680 Placida Road Englewood FL 34224 | |
| Updated | October 30th, 2016 |
| Type | Shopping Center |
| Price | $760,000 |
| Building | 7,200 Sq. Ft. |
| Land | 0.68 acres |
Property Description
This center was renovated in 2015 and has been well maintained ever since.
With 92% occupancy, tenants who have been here as long as ten years,and a current 7% CAP with a potential NOI of $63641 and 8% CAP
Location Description:
Twelve unit retail strip center, eleven units leased. Current NOI $55,770.33.
Highlights:
>> 12 units, with 11 units occupied with a diverse tenant mix.
>> 92% OCCUPANCY .
>> CURRENT 7% CAP
>> POTENTIAL 8% CAP
>> ALL HVAC HAVE BEEN REPLACED
>> EXCELLENT VISIBILITY WITH INGRESS AND EGRESS AT BOTH ENDS OF BUILDING
>> MEDIAN CUT AT PLACIDA AND ARCHIE
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Financials
Sales Info:
>> Commision split: 3.0%