Overview

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  • Status: Closed
  • Parking No info
  • Size: No info
  • Price Per: $220.00 ft2/No info m2
  • Type: Commercial/Investment
  • Built: 1977
  • HOA: No info
  • MLS Number: RX-10780119
  • View No info
  • On Site: 1,029 days
  • Updated: 321 Days Ago
  • Page Views: 0

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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Price History

DateEventPriceChange RatePrice Per
09/15/2022Sold$1,500,000.0016.7%$183.62 ft2/$1,976.48 m2
06/27/2022Price Reduced$1,800,000.005.3%$220.35 ft2/$2,371.78 m2
05/11/2022Price Reduced$1,900,000.005.0%$232.59 ft2/$2,503.54 m2
02/28/2022Listed$2,000,000.00$244.83 ft2/$2,635.31 m2

Features

Property Details for 3444 S Congress, Palm Springs, FL 33461

Commercial/Investment current status is Closed, 3444 S Congress is a Commercial/Investment in , Palm Springs, FL 33461 with property MLS ID# RX-10780119. This Commercial/Investment has been listed on Best of Luxury Realty since February 28, 2022 and is currently priced at 1,800,000. This property was built in 1977.

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