Triple Net Lease Investment WITH Owner Occupancy Opportunity!! Free Standing Office building with 95 feet of frontage on Gulf to Bay. Suite C is 1,673 sqft of Office Space available to move in immediately. The building consists of 9,688 htd sqft of office space and includes 3 lots directly behind the building used for parking. Current owners have 2 tenants in place with Triple Net leases with 5-year terms and options to extend for two more 5 year terms with a 3% Escalation per year. Limited deferred maintenance, the Roof and HVAC units were both replaced in January 2020. The building offers a generator fueled by 4 propane tanks along the back side of the building. Financials are available upon request from the listing agent.
- Price:
- $2,500,000
- Square Footage:
- 9,688
- Acreage:
- 0.33
- Year Built:
- 1970
- Listing ID #:
- MFRU8176598
- Street Address:
- 2433 Gulf To Bay Blvd
- City:
- Clearwater
- State:
- Florida
- Postal Code:
- 33765
- County:
- Pinellas
- Community:
- Clearwater/Sunset Point
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Approximate Total Liveable Area:
- 9688
- Building Faces:
- West
- Construction Type:
- Block, Stucco
- Flooring:
- Carpet
- Foundation:
- Slab
- Stories:
- 2
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 9720
- Year Built:
- 1970
- Net Operating Income:
- 124271
- Conforms To Zoning:
- C
- Federal Flood Zone:
- X
- Lot Square Footage:
- 14279
- Road Frontage Type:
- Divided Highway, State Road
- Road Type:
- Asphalt
- Total Number Of Lots:
- 4
- Days On Market:
- 258
- On Market Date:
- 2022-09-15
- Originating Mls:
- Mfrmls
- Terms:
- Cash, Conventional
- Ownership:
- Corporation
- Property Taxes:
- $18,797
- Tax Year:
- 2021
- Cooling System:
- Central Air, Zoned
- Existing Water:
- Public
- Heating:
- Central, Electric
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: TRP REAL ESTATE GROUP LLC,
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