Bought with Coldwell Banker Paradise
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819 S Kings HWY D-110 Fort Pierce, FL 34945
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Key Details
Sold Price $925,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,100 sqft
Price per Sqft $91
Subdivision First Source Commerce Park Condominium
MLS Listing ID RX-10637237
Sold Date 01/04/21
Year Built 2006
Annual Tax Amount $8,539
Tax Year 2019
Lot Size 17.000 Acres
Property Description
Attention Investors.NNN Investment10,100 Sq ft CBS warehouse with high quality tenant paying $60,236/yr. 6.3% Cap Rate. 5 years remain. Plus option for 2 additional 3 year terms. 2.5% annual rent increases.2 Dock High Overhead doors and 1 Grade Level Overhead door. 18.5 ft ceiling warehouse ceiling height1,200 SF office/Showroom with 2 bathrooms.Well maintained Industrial Condo facility(fully fire sprinklered)with key location less than 1/2 mile to I-95 interchange and 2 miles to Turnpike interchangeThis property has 30 parking spaces of which 25 spaces are reserved for this unit in a perpetual exclusive use parking agreement(see documents tab for lease, sketch of parking, parking assignment document, and floor plan). Click on blue ''more'' link to see additional in
Location
State FL
County St. Lucie
Area 7300
Zoning Industrial
Interior
Heating Central
Cooling Central
Flooring Concrete, Tile
Fireplaces Type Sprinkler
Exterior
Utilities Available Public Sewer, Public Water
Roof Type Built-Up
Building
Story 11.00
Foundation Concrete
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095