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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
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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 

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