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109 E Irlo Bronson Memorial Hwy 3,820 SF Office Condo Unit Offered at $1,535,512 CAD in Saint Cloud, FL 34769

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INVESTMENT HIGHLIGHTS

  • Small Office Units in high demand in booming Saint Cloud Market.

PROPERTY FACTS

Total Building Size 3,820 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 940 SF
Year Built 2003
Lot Size 0.03 AC
Zoning SPUD

1 UNIT AVAILABLE

Unit 109

Unit Size 3,820 SF
Price $1,535,512 CAD
Price Per SF $401.97 CAD
Condo Use Office
Sale Type Investment
Cap Rate 5.58%
NOI $85,681.57 CAD
No. Parking Spaces 14
Sale Conditions 1031 Exchange
APN/Parcel ID 12-26-30-0501-0001-0090, 12-26-30-0501-0001-0110, 12-26-30-0501-0001-0170, 12-26-30-0501-0001-0190
DESCRIPTION

Four Units in the 23 Unit East Saint Cloud Commerce Park. The Park has undergone a recent $500,000 makeover. Each unit is between 940 Sf and 1,000 SF.

SALE NOTES

Four leased units with leases expiring between the end of 2024 and early 2027. The current lease escalations push the CAP Rate up to 6.11% by the end of 2026.

  • Listing ID: 32629030

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 109 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34769

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