North Venice, FL 34275,3439 TECHNOLOGY DR #10, 11 and 7
Listed by Ivan Gould, PA RE/MAX ALLIANCE GROUP
Bought with Frank Castrogiovanni COLDWELL BANKER RESIDENTIAL R.
$600,000
$639,000
6.1%
Est.Price: ?

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5,250 SqFt

3439 TECHNOLOGY DR #10, 11 and 7 North Venice, FL 34275

Est. payment /mo
SOLD DATE : 01/31/2020

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Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,250 sqft

Price per Sqft $114

Subdivision Technology Park

MLS Listing ID A4450867

Sold Date 01/31/20

Condo Fees $265

HOA Y/N No

Annual Recurring Fee 3180.0

Year Built 1998

Annual Tax Amount $1,805

Property Sub-Type Industrial

Source Stellar MLS

Property Description

New 3 year lease (from 12 /1/19) signed by PGT Industries - a quoted credit tenant! Blended rate across the term of $10.81 sf for the three
spaces. Condo fees are $265 a month. Tenant responsible for all AC repairs and replacements. A 6.5% cap rate (after allowing for condo fees, taxes and liability insurance) gives a price of $213k a unit - or $639k for all 3. Buy 1, 2 or 3!! These wont last long....! All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, neither the listing agent or broker make any representation or warranty as to its veracity and completeness, and you should not rely upon it without conducting your own due diligence.

Location

State FL

County Sarasota

Community Technology Park

Area 34275 - Nokomis/North Venice

Zoning PID

Interior

Cooling Office Only

Exterior

Roof Type Built-Up

Building

Story 1

Lot Size Range Non-Applicable

Structure Type Concrete,Stucco

New Construction false

Others

Ownership Condominium

Monthly Total Fees $265

Special Listing Condition None

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Stellar MLS

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Tonna Gruber

Tonna Gruber

Agent | License ID: 3146072

+1(941) 232-8950

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