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Gelfand Realty Miami Properties - Business

2365 PARR, THE VILLAGES, FL 32162

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Business - VILLAGES FINANCIAL CENTER

2365 PARR, THE VILLAGES, FL 32162

Sold Price$2,675,000 Asking Price$2,794,000

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  • Days on market:

    126 day(s)
  • Original Price:

    $2,794,000
  • Price per sqft:

    $525.29
  • Tax Legal Description:

    LOT C VILLAGES FINANCIAL CENTER PB 6 PGS46-46A
  • Tax Year:

    2019
  • Property Type:

    Business
  • Construction Type:

    Brick
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$2,794,000 • living size area 5319 sqft

Located on "banker's row" in the villages. this is a rare opportunity to find one of these ground leases come available. located on corner of c 466 with a full median cut into preston dr. this parcel also corners with parr dr. in the rear of the property.this is the easiest bank to get into and its right across 466 from the best section of restaurants and retail shopping that the villages has to offer. this section has some of the highest traffic counts in the villages at 24,000 average daily trips. this is a absolute triple net lease with 4 years plus on the lease left, with 4-5 year extensions. income is $167,970 a year and a 6% cap rate, annual rent bumps tied to cpi. the actual building is 5,319 square feet with a 1,225 sf drive thru. please do not disturb tenant. a confidentially agreement will be required to sign before the lease can reviewed. this parcel has golf cart access!!
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