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609 Indian Rocks Rd 5,243 SF Office Building Belleair, FL 33756 $3,350,208 CAD ($638.99 CAD/SF) 4.90% Cap Rate
INVESTMENT HIGHLIGHTS
- New roof
EXECUTIVE SUMMARY
True NNN Medical/Office Building in Belleair with New Tile Roof currently leased with long term tenant. Beautiful New Landscaping directly across the street from Belleair Country Club and Golf Course. Rare opportunity to purchase a commercial property in an exclusive location. Large parking lot in the rear of the building easy access to entrance of buisness. Exceptionally large .43 acre lot. Do Not Disturb Tenant.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
5,243 SF
Building Class
B
Year Built
1971
Price
$3,350,208 CAD
Price Per SF
$638.99 CAD
Cap Rate
4.90%
NOI
$164,233 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,243 SF
Building FAR
0.27
Lot Size
0.44 AC
Zoning
RM, Belleair Bluffs - Professional office building
Parking
17 Spaces (3.24 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dermatology Associates
- Health Care and Social Assistance
- 5,243 SF
- -
- Triple Net
- Mar 2032
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dermatology Associates | Health Care and Social Assistance | 5,243 SF | - | Triple Net | Mar 2032 |
PROPERTY TAXES
| Parcel Number | 21-29-15-08640-000-0240 | Improvements Assessment | $1,041,939 CAD |
| Land Assessment | $1,280,901 CAD | Total Assessment | $2,322,840 CAD |
PROPERTY TAXES
Parcel Number
21-29-15-08640-000-0240
Land Assessment
$1,280,901 CAD
Improvements Assessment
$1,041,939 CAD
Total Assessment
$2,322,840 CAD
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609 Indian Rocks Rd
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