4645 GULF BREEZE PKWY, NAVARRE, FL 32566 (MLS # 567651)
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Purchase price reflects an "AS IS" offer for an empty shell that needs to be finished out according to your needs. Perfect opportunity for investor/builder to buy at a discounted price, finish out, and then lease at below market lease rates and still yield a 10 to 12% Annual Rate of Return on investment. In addition to Units A - G in the West Building, there are (4) 1,000 square foot units that are listed for sale as well; units J & I in the West Building, and Units D & I in the East Building. Each unit is built out differently; ranging from Class A to Class B interior finishes. Two of the four finished units are occupied, and the tenants will be willing to extend their lease terms to help private investor to yield a 10% ARR if investor is a cash buyer. The "ASKING PRICE FOR ALL 10 UNITS IS $745,000
Property Type(s):
Commercial Sales
| Last Updated | 11/28/2011 | Year Built | 2007 |
|---|---|---|---|
| Community | Navarre/Gulf Breeze | County | SANTA ROSA |
Additional Details
| CAM Per | Month |
|---|---|
| Category | Commercial Sales |
| Construction Status | Under Construction |
| County | SANTA ROSA |
| Listing Class | Office |
| LoopNet SubCat1 | 802-Office Office Building |
| LoopNet SubCat2 | 806-Office Office-Business Park |
| LoopNet SubCat3 | 804-Office Medical Office |
| LoopNet SubCat4 | 903-Retail-Commercial Day Care Facility/Nursery |
| Main Area | Navarre/Gulf Breeze |
| PropTypeOffice | Low Rise |
| Status | Active |
| Sub Area | 04 WEST NAVARRE |
Listing provided by NBI Properties Inc
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