Four suite commercial property generating 238, 491 NOI at 6.
LONGWOOD, FL 32750
Listing
| Web ID: | 5719932 |
|---|---|
| Website: | https://www.nestseekers.com/5719932 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 1.2 Acres |
Financials
Price:$3,700,000
Annual Taxes:$25,298
Description
Four-suite commercial property generating $238,491 NOI at 6.45% cap rate. 100% leased to established tenants with staggered expirations through 2028; anchor tenant (recreation) secured through 2030 with renewal options. All leases include NNN structure with CAM recovery and 3–4% annual escalations. Carlitos Tire recently extended through 8/31/28. Highway 17-92 frontage provides established commercial visibility. Masonry construction, 16,220 SF, 1.17 acres, 21 parking spaces. Built 2007. For experienced NNN investors and 1031 exchangers.
Amenities
- Bathrooms
- Bb Hs Internet Capable
- Common Lighting
- Electricity Available
- Landscaped
- Near Public Transit
- Oversized Lot
- Phone Available
- Public
- Reception
- Retention Areas
- Sidewalk
- Street Lights
- Water Connected
Location
Contact
Listing Courtesy of HOMEVEST REALTY
