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$3,799,990
Est. payment /mo
1.6 Acres Lot
UPDATED:
02/03/2024 04:25 PM
Key Details
Property Type Commercial
Sub Type Office: Office Building
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 223018742
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
Area Oa01 - Out Of Area
Interior
Inclusions Building And Land
Exterior
Waterfront No
Waterfront Description None
Private Pool No
Others
Tax ID 0997005010
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Listed by SVN Lotus Comm. R.E. Advisors • Jesse Ialuna
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432