8526 S. W. Kansas Ave., Stuart, FL
Office for Sale - $346,125 - 2,769 Sq. Ft.
Property Info
| CIMLS# | 924373 |
| Location 8526 S. W. Kansas Ave. Stuart FL 34997 | |
| Updated | January 3rd, 2017 |
| Type | Office |
| Price | $346,125 |
| Building | 2,769 Sq. Ft. |
Property Description
The office is a two story office with a first and second floor.
The first floor is 1786 Square Feet and has an ADA bathroom and kitchenette. One thousand square feet of the first floor is built out as office and 786 square feet is currently unfinished. The office area has four built out offices and a built out reception area. There is also a great room. The unfinished space has 24 foot high ceilings and can be built out as office or used in a warehouse setting. The unfinished space has a 12 foot overhead door.
The second floor is 1,000 square feet and is entirely built out (finished) as office. The second floor has two executive offices, a third office and a conference area. The second floor also has an ADA bathroom. The second floor can be accessed via an ADA lift (elevator). The second floor also has its own external entrance. The second floor can be accessed internally or externally. The first and second floor can be used as its own space or used in conjunction with the first floor.
This office would be perfect for an owner that needs either 1,786 square feet or 1,000 square feet and wishes to sublet to another organization. An investor can also lease the space to one or two organizations.
Building Construction: The building was finished in 2007. The building construction is reinforced concrete block (CBS) construction. The roofing system is concrete plank with a polyurethane coating topped with acrylic. The windows and doors of this office and the entire development are PGT Winguard Impact Resistant (hurricane grade) glass.
Office Construction: The finished areas on the first and second floor have drop ceilings and commercial grade carpeting.
Purchase Price: The purchase price is $125 per square foot or $346,125.
Lease Option: The office can be leased for $13 per square foot for an annual amount of $35,997. The owner is responsible for condominium fees, property taxes, water and trash collection. The lessee is responsible for sales taxes (currently 6%) and electricity.
Financials
The property nets about $27,000 annually, The condominium dues are about $1,500 per quarter. Property taxes are about $3,000 annually.
