Listed by NBI Properties
$5,310,000
2505 15Th Street
Details
Property Type Office
Sub Type Executive Office
Square Footage 27,313
Units 1
NOI $345,000
Occupancy 100%
Pro-Forma NOI $354,483
Buildings 3
Office | 27,313 SqFt
Marketing description
Institutional investment property 100% occupied with long tenant history. The subject property has been occupied by the state of florida's department of children and families and department of education since 2011 and 2014 respectively, along with ''national coating systems, inc, who's lease began in 2018 and has a 5 year renewal beginning july 1, 2023 through june 2028.The net operating income for (ytd) 2021 was $345,000, and projected noi for 2022 /23 is projected will reach $354,483.00.
Listing Contacts
Listed by NBI Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$345,000.00
$28,750.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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Tax History
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