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18815938
18815964

1000 N Tamiami Trail, Nokomis, FL 34275

TP
FL 3213680
Merritt Realty Corporation
Listed by Merritt Realty Corporation
$4,000,000
2802 days on market
Updated 53 days ago

Truist Bank Building

Details
APN 0170020076
Property Type Office, Retail
Sub Type Bank
Square Footage 11,820
Net Rentable (SqFt) 11,820
Cap Rate 5.38%
NOI $215,363
Occupancy 100%
Tenancy Multi
Brand/Tenant Truist Bank, scanco
Price per SqFt $308
Class B
Year Built 1988
Buildings 1
Stories 2
Acreage 2.210
Zoning CN
Parking Spaces 80 spaces
Parking Per SqFt 6.77

Great Opportunity in a Great Location!

Marketing description

Merritt Realty Corporation is Proud to Present This Investment Opportunity at 1000 N Tamiami Trail in Nokomis, Florida. This 11,820-square-foot Building Offers Access to Amenities Such as Publix, Aldi, Dunkin Donuts, Starbucks, Race Track, Wawa, Bank of America, Cvs, Dollar General, and the United States Postal Service. The Location of This Property Allows Direct Access to I-75, Laurel Road, State Road 681, and Us-41/Tamiami Trail. With All These Amenities, It is No Surprise That in 2020 There Were 28,453 Households Within a 5-mile Radius; the Average Household Income Within This Radius is $92,286.

This Building Was Constructed in 1988, and Includes Two Stories, 80 Parking Spaces, and Lots of Windows for Natural Lighting. $600,000 has been allocated for the developable lot located to the south and contiguous to the property. For financial analysis purposes the lot has been pulled out from the revenue. Please Contact the Listing Agent to Schedule a Showing, or to Receive More Information.


Listing Contacts

TP
FL 3213680
Merritt Realty Corporation
Listed by Merritt Realty Corporation

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$215,363.00
$17,946.92/mo

Valuation Metrics

0
DSCR
5.38%
Cap Rate
5.38%
ROI

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