2395 Tamiami Tr unit 104, Port Charlotte, FL
Office for Sale - $175,000
Property Info
CIMLS# | 1075643 |
Location 2395 Tamiami Tr unit 104 Port Charlotte FL 33952 | |
Updated | June 16th, 2021 |
Type | Office |
Price | $175,000 |
Property Description
This is a commercial condominium one of a 20 unit complex with two ingress and ingress access points onto Tamiami Trail. Plenty of parking for tenants and
customers with a total of 72 parking spaces. This is a well-operated condominium association with ample reserves. Mansard roof was done in 2015 and painting
done in 2015.
Investment property for sale in Bell Plaza! Insurance Depot of Charlotte County has a 5-year lease generating a NOI of $14,256.00 for the first year. Cap rate of
8.15%. This lease has 3% annual increases, and it also has 2 5-year renewal options.
PROPERTY HIGHLIGHTS
• NOI of $14,256.00 for the first year
• 5-year lease
• 3% annual increases
• 8.15% cap rate
• Lease has 2 5-year renewal options