560 Wells Rd, Orange Park, FL 32073
$235+/SF
Commercial property for sale
Added: 01/09/2012
Last Update: 01/15/2013
560 Wells Rd
Orange Park, FL
32073 US
Contact info
- 727-282-1788 [Office]
Description
This is a triple net, single tenant property that begins at a 10.48% cap, with annual increases in the rental amounts of 3.5%, resulting in a cap rate of over 11% within 2 years, and over 12% within 5 years - Fortis College is a national educational based tenant, with a majority of the enrollment being medical related Building price details: $3,995,000.
Property Details
- Type: Commercial (Other)
- Use Types:Net Leased
- Status: Available
- Year Built: 1994
- Year Renovated: 2002
- MSA: Jacksonville
- Buildings: 1
- Tenancy: Single Tenant
- ConstructionBrick
Exterior Features
- Parking: Yes
- Parking Spaces: 164
- Parking Type: Surface
Terms
- Cash to Seller