$1,850,000

About This Property

This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.

infoProperty Details

Property Type

Office: Office Building

Year Built

2007

Lot Size

0.73 acres

Days on Market

29

Cumulative DOM

103

List Date

Mar 12, 2024

Sold Date

May 21, 2024

Annual Taxes

$16K (2023)

chairInterior Features

yardExterior & Lot

Mortgage calculator

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

Listed By

Phil Deems Real Estate

239-945-4545