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21391766

4409 Sun N Lake Blvd, Sebring, FL 33872

RE/MAX Realty Plus Sebring
Listed by RE/MAX Realty Plus Sebring
$1,364,500
494 days on market
Updated 11 days ago

4409 SUN N LAKE BLVD SEBRING, FL 33872

Details
APN C-04-34-28-020-0300-0030
Property Type Mixed Use, Office (+1)
Sub Type Medical Office, Traditional Office (+1)
Square Footage 7,615
Net Rentable (SqFt) 7,615
Units 2
Cap Rate 7.55%
NOI $103,067
Occupancy 100%
Tenancy Multi
Lease Type NN
Lease Expiration 06/30/2026
Rent Bumps Yes
Broker Co-Op Yes
Year Built 1995
Year Renovated 2022, 2024
Buildings 1
Stories 2
Lot Size (SqFt) 20,000
Zoning B2
Parking Spaces 25 spaces
Parking Per SqFt 3.28
Investment Type Net Lease
Occupancy Date 06/30/2019

Two tenants. Advent Hospital and Cosmetology Group. New Asphalt Parking 2024 New roof 2022(metal)

Marketing description


Income producing commercial building located on Sun N Lake Blvd just off Hwy 27 and across from Advent Health. This property is a building with just over 7,800 square feet under air. Divided into two separate spaces. Currently both have a current lease in place Advent Hospital 71%, Cosmetology group 29%. High visibility with signage to attract incoming traffic, the lot contains ample parking for employees and clients. This is a great property to add to an investment portfolio for an expanding market.

Investment highlights

  • HIGHLY VISIBLE PROFESSIONAL SPACE AVAILABLE FOR INVESTMENT OR PERSONAL USE

  • HAS SHARED LOT WITH AMPLE PARKING WITH HANDICAP ACCESSIBLITY AND RAMPS

  • 2-STORY BUILDING WITH 100% OCCUPANCY RATE

  • DIRECTLY ACROSS FROM ADVENT HEALTH

  • LARGE VISIBLE MARQUEE FOR INCOMING TRAFFIC

  • EXISTING TENANTS TO COVER MONTHLY EXPENSES

Listing Contacts

RE/MAX Realty Plus Sebring
Listed by RE/MAX Realty Plus Sebring

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$103,067.00
$8,588.92/mo

Valuation Metrics

0
DSCR
7.55%
Cap Rate
7.55%
ROI

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