Listed by High Point Realty Inc
$1,600,000
1446 Gulf To Bay Blvd - Shopping Center
Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 6,564
Units 8
Cap Rate 5.4%
NOI $86,400
Pro-Forma Cap Rate 7.75%
Pro-Forma NOI $124,000
Price per SqFt $244
Broker Co-Op Yes
Year Built 1955
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.380
Retail | 7.75% CAP 6,564 SF
Marketing description
Great 8 unit plaza on newly landscaped and improved Gulf to Bay Blvd between Court and Cleveland. Each space has its own electric service and water service. Good parking front and rear. Many updates. Rent roll and financials available. SELLER FINANCING will be considered.
Investment highlights
Great 8 unit plaza on newly landscaped and improved Gulf to Bay Blvd between Court and Cleveland. Each space has its own electric service and water service. Good parking front and rear. Many updates. Rent roll and financials available. SELLER FINANCING will be considered.
Listing Contacts
Listed by High Point Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,400.00
$7,200.00/mo
Valuation Metrics
0
DSCR
5.4%
Cap Rate
5.4%
ROI
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