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$ 3,799,990
Est. payment | /mo
1.6 Acres Lot
$ 3,799,990
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Only
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 223018742
Year Built 2020
Annual Tax Amount $33,686
Tax Year 2022
Lot Size 1.600 Acres
Property Sub-Type Commercial Only
Source Naples
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
County Sarasota
Area Oa01 - Out Of Area
Exterior
Waterfront Description None
Listed by SVN Lotus Comm. R.E. Advisors
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Nick Bejelis
Real Estate Advisor | Lic# 3346591