5 Buildings - 37,800 sq ft of construction on 4.7 acres - 100% leased with 9% CAP RATE / NOI $4,100,000
G4838167
INCOME!!! Office Complex with 5 Office Buildings- 47,696 SF Bldg Total - Built Between 1990 - 1992 - 100% Lease - 9% CAP RATE - NOI - $371,330 - 5.67 Acres - 29,500 Avg Trips Per Day - Zoned PD - Planned Development - City of Tavares - Access off SR 19 & at Signalized corner of US 19 / S. Duncan & Woodlea Rd. City of Tavares - City Utilities - Alt Key # 2665025 & 1706653 Financial Data Available with an executed Confidentiality Agreement Very Well Maintained Property & Buildings Central Florida Location & Only 45 Minutes from Orlando Located between New Publix Anchored Center & the Lake County Judicial Center
Primary Features
County: Lake
Year Built: 1981
Zoning: PD
Additional
Additional Parcel: yes
Availability: For Sale
Cumulative Days on Market: 66
Days on Market: 66
Flood Zone Code: X
Legal Description: FROM INTERSECTION OF W BDRY OF R/W OF OLD TAVARES-CLERMONT HWY WITH S LINE OF NW 1/4 OF SE 1/4, RUN W ALONG S LINE OF NW 1/4 OF SE 1/4 390.16 FT FOR POB, RUN N 0DEG 30MIN E 314.75 FT, S 89DEG 30MIN E 368.43 FT, S 54DEG 06MIN 30SEC E TO W BDRY OF OLD TAVAR
Lot Number: 03700
New Construction: no
Parcel Number: 31-19-26-000400003700
Property Status: Existing
Property Style Commercial: Free Standing, General Commercial, Net Leased, Office, School/Institute
Property Use: OFFICE
Range: 26
Section: 31
Special Sale Provision: None
SqFt Gross: 47696
Total Number Buildings: 5
Utilities: Public Utilities
Interior Features
Air Conditioning: Central, Zoned/Multiple
Heating and Fuel: Central Individual
Location Information
Country: United States
Driving Directions: from Leesburg on US Hwy 441 to Tavares to SR 19
Location: Commerce Park, Corner Lot
LSC List Side: Lake and Sumter
MLS Area Major: Tavares / Deer Island
