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26710640
26710641

660 Alderman Pl, Palm Harbor, FL 34683

AB
NY 10491212878
Coldwell Banker Commercial AMH
NC
NY 10401345639
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH
$1,200,000
284 days on market
Updated 73 days ago

660 Alderman PL. Palm Harbor FL NNN Property

Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,528
Net Rentable (SqFt) 3,528
Units 1
Cap Rate 6.75%
NOI $80,915
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 10/31/2026
Remaining Term 1
Class B
Year Built 1986
Year Renovated 2016
Buildings 1
Stories 1
Lot Size (SqFt) 23,958
Zoning C-2
Parking Spaces 25 spaces
Parking Per SqFt 7.09
Investment Type Net Lease
Ownership 100%

NNN Building & Property for Sale

Marketing description

660 Alderman Pl, Palm Harbor FL 34683 - Investment Opportunity Looking for a solid investment in Palm Harbor, Florida? Look no further than this prime commercial property presented by Coldwell Banker Commercial AMH. Boasting a stable tenant with a NNN lease in place since 2008, this property offers financial security with a lease extending through October 2026. With a 3,528 sq ft building on a 23,958 sq ft lot, this property generates $80,915.88 in annual base rent with minimal landlord responsibilities. Located in the thriving Palm Harbor market, the C-2 zoning allows for flexible commercial use, ensuring long-term value. Experience excellent visibility, ample parking, and a well-maintained property - a perfect combination of location and stability. Don't miss out on this attractive investment opportunity. Contact Coldwell Banker Commercial AMH today for detailed financial analysis and a private showing. Owner is a Licensed Florida Real Estate Broker.

Listing Contacts

AB
NY 10491212878
Coldwell Banker Commercial AMH
NC
NY 10401345639
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$80,915.00
$6,742.92/mo

Valuation Metrics

0
DSCR
6.74%
Cap Rate
6.74%
ROI

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