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24705 US HIGHWAY 19 N, Clearwater, FL 33763

Commercial property for lease

Added: 02/11/2012
Last Update: 04/09/2012
24705 US HIGHWAY 19 N Clearwater, FL 33763 US
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Description

THIS IS THE DEAL YOUR SMALL TENANT/BUYER HAS BEEN LOOKING FOR. EXCELLENT LOW COST BACK OFFICE LOCATION IN THE COUNTRYSIDE AREA. ACCESS OFF OF US 19 AND SUNSET POINT ROAD. AREA OF 7 SIMILAR BUILDINGS IN PARK LIKE SETTING. CONCRETE CONSTRUCTION WITH GOOD ROOF AND HVAC SYSTEMS. CAN BE ONE OCCUPANT OR 4 OCCUPANTS. "For Lease/Purchase. 1500SF Office Condos in Countryside. Lease rate of $10.00/SF plus $3.68 CAM. 5 year transaction with 3% increases. Owner will credit back 1/2 of the Base Rent during the first two years of the Lease in the event of a purchase. Priced fixed at $140,000/1500SF for first 24 months of lease. Lease credits will be applied against purchase price prorata at the time of purchase. Beyond the end of the 24th month of the lease term, property is available to Tenant at the appraised value or $140,000 whichever is greater minus the 24 month lease credit as described. All features of this offer terminate at the end of the 60th month of the lease. Subject to Tenants credit and rent history, Owner will provide purchase financing any time during the 60 month period at 6.5% interest with 20 year amortization and 5 year balloon. Tenant improvements can be amortized over the length of the lease. 4 SUITES AVAILABLE

Property Details

  • Type: Commercial (Other)
  • Status: Available
  • Year Built: 1984
  • Buildings: 1

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