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14% Cap Rate--Distress Sale, Cash Only

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(Please see below flyer for more pictures)
Property 
Description:

14% Cap Rate--Distress Sale, Cash Only
2810 U.S. Hwy 441/27 Fruitland Park, FL
For Sale: $346,700  Sold!

6,000 sf Industrial / Commercial Bldg
4,000 sf Warehouse & 2,000 sf Office
170 ft on U.S. Highway 441 / 27
More info: In Central Florida!
100% Leased
Distress Sale / Cash Only
No Financing Contingencies
4 Years left on Lease
2 Five Year Options
National Tenant / TruGreen
14% Cap Rate!
Income / Annual Rent $55,996
Real Estate Taxes -$5,454
Projected Maintenance -$2,000
Net Operating Income $48,542
27,000 FDOT Avg Trips per day
Zoning C-2 Commercial
1.5 Acres
Metal Bldg, Built 1999
Property assessed at $289,243.00
Alt Key 3785945
Co-Broke 4%
Please see additional info in below printable flyer!
Printable flyer: 14pct_Cap_Rate--Distress_Sale_Cash_Only.pdf (Adobe Reader required, it's free Here)
Realtor: Jim Miller, CCIM, ALC (352-504-0070; miller@lake-real-estate.com)

 
 



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