$600,000
$639,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
3439 TECHNOLOGY DR #10, 11 and 7 North Venice, FL 34275
5,250 SqFt
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,250 sqft
Price per Sqft $114
Subdivision Technology Park
MLS Listing ID A4450867
Sold Date 01/31/20
Condo Fees $265
Construction Status Inspections
HOA Y/N No
Year Built 1998
Annual Tax Amount $1,805
Property Description
New 3 year lease (from 12 /1/19) signed by PGT Industries - a quoted credit tenant! Blended rate across the term of $10.81 sf for the three
spaces. Condo fees are $265 a month. Tenant responsible for all AC repairs and replacements. A 6.5% cap rate (after allowing for condo fees, taxes and liability insurance) gives a price of $213k a unit - or $639k for all 3. Buy 1, 2 or 3!! These wont last long....! All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, neither the listing agent or broker make any representation or warranty as to its veracity and completeness, and you should not rely upon it without conducting your own due diligence.
Location
State FL
County Sarasota
Community Technology Park
Zoning PID
Interior
Cooling Office Only
Exterior
Waterfront false
Roof Type Built-Up
Building
Story 1
Lot Size Range Non-Applicable
Structure Type Concrete,Stucco
New Construction false
Construction Status Inspections
Others
Ownership Condominium
Monthly Total Fees $265
Special Listing Condition None
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Bought with COLDWELL BANKER RESIDENTIAL R.