Excellent opportunity to purchase a 20,000 sq ft mol block office building on busy East Bay Dr. in Largo. With a current strong cash flow and upside to fill a couple of vacancies, this is ideal for an investor or partial owner-user. While most of the tenancy is medical related, the location is attractive to any professional office tenant. With most of the A/C units recently replaced and a newer roof, there will be few anticipated cap expenditures in the coming years. The leases are full service and need minimal management. Located in a non-flood zone, with a corner lot size of 40,000 sq ft and about 75 parking spaces. There is monument signage and great visibility. Please see attachments for detailed information.
Financial Considerations
Price:
$3,850,000
HOA Fee:
N/A
Tax Amount:
$35178
Price per SqFt:
$187.38
Tax Legal Description:
PART SW 1/4 OF NW 1/4 OF SEC 36-29-15 DESC FROM SW COR OF SW 1/4 OF NW 1/4 OF SD SEC TH N00D11'16"E 87FT TH S89D13'59"E 969.71FT FOR POB TH N00D13'55"E 200FT TH S89D13'59"E 200FT TH S00D13'55"W 200FT TH N89D13'59"W 200FT TO POB