Commercial Sale Property - Office in North Port
SOLD for $1,175,000 on February 28, 2020
Listing Price: $1,200,000Sold Price: $1,175,000Sold Price/List Price: 98%
Description of Property
NNN investment opportunity in North Port. 5-year NNN lease with 5% yearly increases. 7.50% Cap Rate. $90,000 Net Operating Income. Freestanding office condominium building located in Toledo Blade Professional Center, on Toledo Blade Blvd. 5-year lease that expires on August 31st, 2024
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Office
City: North Port
County: Sarasota
Subdivision: Toledo Blade Prof Center
Sq. Ft. Gross: 5,865
Sq. Ft. Living Area: 5,865
Cost per (heated) sqare foot: $205
Year built: 2006
Annual Tax: $7,311
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
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Cooling: Central Air
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Lot Information
Lot Features:
Lot Size (sq. ft.): 5,865 square feet
Road Frontage: Other
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Legal Description & Other Information
Parcel Number: 0962011002
Zoning: PCDN
Tax Legal Desc.: BLDG 2 TOLEDO BLADE PROFESSIONAL CENTER
Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.