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1.6 Acres Lot
$ 3,799,990
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 223018742
HOA Y/N Yes
Originating Board Naples
Year Built 2020
Annual Tax Amount $33,686
Tax Year 2022
Lot Size 1.600 Acres
Acres 1.6
Property Description
The Pan American Plaza offers an exceptional opportunity to own a prime piece of commercial real estate in North Port Florida. This is a turn key investment that is 100% Leased , only 3 years old new construction, and great income at a 7% CAP Rate. The building is 17,400 sqft under air, with current layout for 9 tenants. There is also outdoor seating areas at both ends of the plaza. Large accommodating parking lot with 61 spaces, and additional parking spaces along the service road in the front of the property with multiple walkways for access. Amazing visibility with 386 feet of frontage along the main artery in North Port, Tamiami Trail. At a average daily traffic count of 35,500, keeps this an active plaza in the community.
Location
State FL
County Sarasota
Interior
Inclusions Building And Land
Fireplace No
Exterior
Waterfront No
Waterfront Description None
Garage No
Building
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 0997005010
Listed by SVN Commercial Partners • Jesse Ialuna
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Sharon D. Cowie
Real Estate Advisor - Broker Associate | Lic# BK3358410