3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
3444 S Congress Avenue
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$1,500,000

3444 S Congress Avenue

32,670 Sq.Ft.

Description

Free standing single story office building with well established tenant in place. Buyer MUST be willing to buy with the current tenant in place until November 2026. Tenant has option for 2 additional 5 year terms. Being sold with tenant in place on 5 year NNN leases at $120k/year. 3% rent escalation per year. Tenant pays ALL expenses, capital expenditures, taxes, and insurance. 6% estimated CAP rate going up as rent escalation goes up. Showings need to be scheduled around tenants.

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Location

3444 S Congress Avenue, Palm Springs, FL 33461

Status

Sold
BRUCE WARZOHA

BRUCE WARZOHA

TITLE

Founder

Property Amenities

Interior
Flooring Other
Area & Lot
Lot Area 0.75 Acres
Living area 32,670 Sq.Ft.
MLS® ID R10780119
Year Built 1977
Type Commercial
Status Sold
Exterior
Stories 1
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Roof Built-Up, Tar/Gravel
Utilities Cable Available, Electricity Available, Sewer Available, Water Available
Finance
Sales Price $1,500,000
Real Estate Tax $19,544 yearly

Work With Us

Strategy, Luxury Marketing, Clear Communication, and Relationships have regularly placed Bruce Warzoha and the Coastal Real Estate team among the top 1% of real estate professionals in the industry. With strategic planning and innovative marketing techniques Bruce and his team are raising the standard and what you should expect when hiring a real estate company.