$3,799,990

About This Property

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.

infoProperty Details

Property Type

Commercial Sale

Year Built

2020

Lot Size

1.60 acres

Days on Market

29

Cumulative DOM

846

List Date

Mar 9, 2023

Annual Taxes

$34K (2022)

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

SVN Lotus Comm. R.E. Advisors

941-961-7109