375 Commercial Ct. Suites E&F, Venice, FL 34292 detailed description
Commercial property for sale
375 Commercial Ct. Suites E&F, Venice, FL 34292
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- Description
- The property consists of 2 of 6office condominium suites in the Jacaranda Commercial Center. The Center was constructed in 2005. The 2 suites have been combined in to 1 office totaling 2,700 sq/ft of medical office space. The building is located at 375 Commercial Court just off Jacaranda Blvd. south of the I-75 interchange Venice, Florida. Commercial Court has a mixture of retail, professional office, restaurants and hotels. Jacaranda Blvd offers good access to the major residential area of Venice. Leaseback Terms: The Seller at closing shall leaseback the office suites for a period of 3 years with 2 options to renew for 1 year. The initial years rent shall be $5,000.00 per month gross with annual escalations in rent of 3%. Current expenses the net operating annual income is $52,464.00 which provides a 10% return based on the asking price of $525,000.00. Building price details: $525,000.
- Property Details
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Property Type: Office Use Types: Business Park, Executive Suites, Medical, Mixed Use, Office Building Status: Available Price: $ 194 +/SF MSA: North Port-Bradenton-Sarasota Zoning: CHI Buildings: 1 Terms: Cash to Seller Added: 07/21/2011 Last Update: 01/08/2013 - Contact info
- 941-921-5351 [Office]
- See also
- Note
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