3439 Technology Dr #3 & 4
$395,000, 3,500 Sqft
About This Property
Great double flex unit for sale right near to PGT! Tenant has just signed new 2 year lease at a blended rate of $8.25 sf ($8 sf year 1 and $8.50 sf year 2) on a NNN basis from 6/1/19. Tenant has been in same location for many years. This indicates a cap rate of 7.7% on the asking price. Blended base rent is $28,875 a year. For each unit, Taxes are $1658 (2018), condo fees are $266 monthly and liability insurance is $100 a year. These are paid by the tenant on a monthly basis. All utilities are in the tenants name. Property is split +/- 50/50 office and warehouse with 2 bathrooms and 2 overhead doors to the rear. Multiple offices and kitchen area. Property is in good condition and the condo association is professionally managed.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on June 19th, 2019 at 7:00pm CDT.