Property
Beds
None
Full Baths
0
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Institutional Investment Property 100% Occupied with long tenant history. The subject property has been occupied by the State of Florida's Department of Children and Families and Department of Education since 2011 and 2014 respectively, along with ''National Coating Systems, Inc, who's lease began in 2018 and has a 5 Year Renewal beginning July 1, 2023 through June 2028.The net operating income for (YTD) 2021 was $345,000, and projected NOI for 2022 /23 is projected will reach $354,483.00.
Features & Amenities
Interior
-
Bathrooms
0
Area & Lot
-
Lot Dimensions
271 W X 447 D
-
Property Type
E
-
Property Class
Commercial
Exterior
-
Garage
No
Financial
-
Sales Price
$4,950,000
-
Zoning
Commercial
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Location
County
Bay
Listing Courtesy of Dennis Fortenberry , NBI Properties Inc
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