740 Commerce Drive UNIT 6, Venice, FL 34292 | MLS A4156314 | Listing Information | BHHS Florida Realty

740 Commerce Drive UNIT 6,  Venice FL, 34292

Status: Active
MLS#: A4156314
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Last Updated: 12/8/2016 4:25 PM
Description for 740 Commerce Drive UNIT 6 Venice, FL 34292
Great little flex unit already occupied by tenant so an instant cash generator! The unit consists of +/- 500 sf of air conditioned office space at the front plus +/- 1800 sf of warehouse to the rear, plus +/- 650 sf of concrete poured floor mezzanine. Roll up door to the rear measures 12 x 14 together with personal door. Unit is sprinklered throughout with great 24' ceiling height in the warehouse. Tenant in place until 7/31/17 at $1600 a month plus tax, with an option to extend for a further two years at $1800 a month! CAM fees $2.25 a sf per year. Ingoing cap rate approaching 6.5% with uplifts available.
Price
$225,000
Sarasota
A4156314
Active
Description
Great little flex unit already occupied by tenant so an instant cash generator! The unit consists of +/- 500 sf of air conditioned office space at the front plus +/- 1800 sf of warehouse to the rear, plus +/- 650 sf of concrete poured floor mezzanine. Roll up door to the rear measures 12 x 14 together with personal door. Unit is sprinklered throughout with great 24' ceiling height in the warehouse. Tenant in place until 7/31/17 at $1600 a month plus tax, with an option to extend for a further two years at $1800 a month! CAM fees $2.25 a sf per year. Ingoing cap rate approaching 6.5% with uplifts available.
Listing Information
Property Type: Other
0.05 Acres $98.17 2003
39//
Neighborhood
Room Information
Interior Features
Air Cond. Unit
Exterior / Lot Features
None
Zero Lot Line
ILW
Business Park, Private Roads
Driving Directions
I 75 junction 193. East along Jacaranda Blvd and right into Commerce Dr. Building 740 on left hand side, suite 6.
Financial Considerations
0397141006
$1,813
2015
Market Trends and Price History
Listing Price History

Venice Real Estate

Venice is located in Florida. Venice, Florida 34292 has a population of 20,803.

The median household income in Venice, Florida 34292 is $46,404. The median household income for the surrounding county is $48,900 compared to the national median of $53,046. The median age of people living in Venice 34292 is 65.9 years.

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Courtesy: RE/MAX ALLIANCE GROUP


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