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Pan American Professional Center 2 Office Properties Offered at $8,724,486 CAD in North Port, FL
INVESTMENT HIGHLIGHTS
- High CAP current CAP rate w/ 8.6% Pro-Forma
- Area of immense development
- Great quality building
- Lower price per sqft than comps
EXECUTIVE SUMMARY
Great opportunity to purchase a high-CAP income-producing office building w/ immense potential right in the center of the action. Low price per sqft compared to comps!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$621,309
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$621,309
|
| Net Operating Income |
-
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $621,309 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $621,309 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
PROPERTY FACTS
| Price | $8,724,486 CAD | Number of Properties | 2 |
| Price / SF | $311.01 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.59% | Total Building Size | 28,052 SF |
| Sale Type | Investment | Total Land Area | 5.52 AC |
| Status | Active |
| Price | $8,724,486 CAD |
| Price / SF | $311.01 CAD / SF |
| Cap Rate | 8.59% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 28,052 SF |
| Total Land Area | 5.52 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Magellan- Bld B
5920 Pan American Blvd, North Port, FL 34287 |
Office | 20,380 SF | 2009 | - |
|
The Columbus- Bld A
5900 S Pan American Blvd, North Port, FL 34287 |
Office | 7,672 SF | 2007 | - |
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Pan American Professional Center
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