Thursday, June 22, 2017

New Construction Retail Property in Lakeland FL

 

 This Lakeland Retail Property is Off-Market. Contact us for similar Commercial Properties that are For Sale in Florida.

O’Reilly Commercial Realty LLC 
Patrick O’Reilly 
Phone: (352) 237-2222 
Email: OreillyCommercialRE@gmail.com 


Glory Days Grill

Florida Retail Property SOLD

3790 Lakeside Village Court, Lakeland, FL 33803
Price: $2,750,000
Building Size: 6,014 SF
Price per SF: $457.27
Property Type: Retail
Property Sub-type: Free Standing Bldg
Property Use Type: Net Lease Investment with 10+ years left on lease
Construction Status: Under Construction - Proposed
Cap Rate: 6%
Occupancy: 100%
No. Stories: 1
Tenancy: Single
Property on Ground Lease?: Yes
Year Built: 2016
Lot Size: 1.60 AC

Highlights of Lakeland Investment Property

  • Highly Visible Pad at Key Corner of Upscale Lakeside Village
  • Brand New Construction with Long Term Lease
  • Surrounding Presence of National Retailers, Hotels and Restaurants
  • Easy Access off Polk Parkway
  • High HH Income (1 mile: $63,250)
  • Florida has No State Income Tax

Description of Commercial Real Estate

Brand new construction of Glory Days Grill on 1.6 acres in upscale Lakeside Village in Florida. This is a NNN ground lease. A great opportunity with No landlord responsibilities. Great visibility off Polk Parkway with location on key corner and surrounded by national retailers, hotels and restaurants.

Financial Summary

Actual
  • $165,000
GLORY DAYS GRILL Glory Days Grill is a full-service, sports-themed family restaurant featuring great food at very affordable prices, outstanding service and real-time entertainment. Every restaurant brings together award-winning menus accompanied by numerous large screen televisions tuned to a variety of sports, cartoons, news and entertainment offerings. Tables and booths have individual volume-controlled speaker stations adding to the guest’s enjoyment. Many locations have private banquet facilities and all feature catering services. Founded in Fairfax, VA in 1996, Glory Days Grill has been named Best Casual Theme Restaurant, Best American Restaurant, Best Sports Bar, and has also received accolades for Best Ribs, Best Chili, Best Burger and Best Bartender. Glory Days Grill founders, Richard Danker, Bob Garner, and Jeff Newman currently own and operate 18 Glory Days Grill restaurants in the tri-state area comprising Maryland, Virginia and West Virginia as well as 2 FANFARE Eateries in Virginia. Glory Days Grill also supports 4 franchised restaurants in Richmond, VA and Tampa, FL 3790 Lakeside Village Court, Lakeland, Florida 33803 (Polk County) Listing information courtesy of Calkain Companies. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.
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Monday, June 19, 2017

Value-Add Investment Property in Deltona Florida

 

This Value-Add Investment Property is Off-Market. 

Contact us for similar Commercial Properties For Sale in Deltona or other thriving cities in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com

777 Deltona Blvd, Deltona, Florida 32725 - Commercial Property Sold

Retail Property

Price:
$1,750,000 estimated Sale Price
Gross Leasable Area:
34,648 SF
Price per SF:
$50.51
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Investment
Tenancy:
Multiple
Lot Size:
4.30 AC

Description of Value-Added Investment Property

This Commercial Property was Priced to sell at $1,750,000. It is at $50.50 psf - which is 40% below replacement cost. Currently at 49% vacancy with CoStar reporting retail center vacancy at ~10%. Currently at $7.00 rent with CoStar reporting retail rents @ $12.87 NNN. This is quality commercial real estate construction in excellent condition with no major deferred maintenance. Strong demographics and location over 47,000 residents within a 3 mile radius and average HHI over $57,000.

Key Facts for Florida Commercial Property

Land size: 4.3 acres Building size: 34,648 sf Year Built: 1988 Major tenants include Greenburg Dental and Bagel King Deltona is diverse with cultures and citizens that come together as one to keep their City beautiful, safe and well informed. Deltona came into being as a City in 1995, and is changing and improving daily. With almost 90,000 residents, people of all ages are accommodated with social - sports events to fill their days and reach out to others.

As of 2013, 60.0% of the population aged 16 years and over was in the labor force, with 52.7% employed and 7.2% unemployed. Fitch, Moody's, and Standard & Poor's rated Deltona bonds as "AA-" between 2013 and 2014. Fitch attributed Deltona's small commercial sector to the city being a "largely residential and mostly built-out community", but did acknowledge the city's improving unemployment rate, dropping from a peak of 12% in 2010 to 6.4% in June 2014. As of 2014, the largest employers in the city include Daytona State College, followed by Publix Supermarkets, and Walmart.    

777 Deltona Blvd, Deltona, FL 32725 (Volusia County)

Listing information courtesy of CNL Commercial Real Estate. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.
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Thursday, June 15, 2017

Church Sold in Lehigh Acres Florida 33936

This Special Purpose Commercial Property is Off-Market. Contact us for similar Commercial Properties For Sale in Florida. 

O’Reilly Commercial Realty LLC 

Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com

Special Purpose Commercial Property For Sale

  Leeland Heights Church Listing Price $1,395,000 Property Sub-type - Religious Facility Building Size 20,190 SF Property Use Type - Vacant - Owner-User Price per Square Foot - $69.09 Lot Size - 3.62 AC Property Type - Special Purpose

Description of Florida Commercial Property

This Church has 20,190 sq ft which sits on 3.62 acres with an additional 1.34 acres on the side Zoned for Charter School usage. Large sanctuary and offices for church staff. Call for details. The church in located directly on Leeland Heights Blvd close to Bell Blvd. A Special Purpose, Retail or Multifamily Property are fine for a REIT to invest in.
 

1006 and 1102 LEELAND HEIGHTS BLVD, Lehigh Acres, FL 33936 (Lee County) Listing information courtesy of Sonia Rios Realty. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.



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Wednesday, June 14, 2017

Office Building For Sale Port Saint Lucie FL

This Office Property is Off-Market. Contact us for a similar Commercial Property that is For Sale in Florida.

O’Reilly Commercial Realty LLC 
Patrick O’Reilly 
Phone: (352) 237-2222 
Email: OreillyCommercialRE@gmail.com

Port St. Lucie Commercial Property For Sale

Office For Sale - Westview Plaza I in St. Lucie West

Price $6,671,678 Occupancy 88%
Building Size 30,002 SF No. Stories 2
Price per SF $222.37 Building Class A
Property Type Office Tenancy Multiple
Property Sub-type
Office Building
More...
Year Built 1998
Property Use Type Investment Lot Size 2.51 AC
Cap Rate 7.25% APN / Parcel ID 3323-914-0009-000-0
 

Description of Florida Office Building For Sale

Westview Plaza I is a ±30,002 S.F. two story, Class A office building situated on a 2.51± acre lot. This investment property is located within the master-planned community of St. Lucie West, the area is comprised of more than 6,000 families and 200 businesses. Westview Plaza I is part of a thriving region with convenient proximity to ample shopping, dining and entertainment options. This property offers investors an opportunity to purchase a stabilized office project with excellent cash flow, upside opportunity to lease remaining vacant suites, and increase rents as existing leases mature and benefit from continued market rental rate growth & demand projected for the industry.

As of Q4 2015, Port St. Lucie' s overall office market experienced positive absorption for the past 15 consecutive quarters. Westview Plaza is located off of SW Fountainview Boulevard adjacent to Interstate 95 at St. Lucie West Boulevard. This facility is in the heart of St. Lucie West, minutes away from shopping, banking, restaurants and employment centers with easy access to I-95 and Florida' s Turnpike. St. Lucie West is a large 4,600-acre Planned Unit Development (PUD) which surrounds St. Lucie West Boulevard east of I-95 in Port St. Lucie. This community contains more than 6,000 families, 200 businesses and employs over 7,500 people.

Highlights of Florida Office Building Investment Property

  • Two Story Class A Office Project totaling ±30,002 Square Feet
  • Meticulously Maintained Building and Grounds
  • Prime Location in the Master-Planned Community of St. Lucie West
  • Historically High Occupancy Rate
  • Strong Mixed Tenancy of Medical & Professional Office Users
  • One of the few buildings in St. Lucie West that is NOT DEED RESTRICTED for Real Estate Resale & Title Companies
  1850 SW Fountainview Boulevard, Port Saint Lucie, Florida 34986 (Saint Lucie County)

Listing information courtesy of Asset Specialists Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.




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Saturday, September 24, 2011

NNN Florida Commercial Real Estate News


North Palm Beach, Florida - Check out the NNN Commercial Real Estate website for an in-depth look at Net Lease Properties, Apartment Buildings and various Commercial Real Estate Investments. They offer news for the majority of NNN Commercial Real Estate markets across the United States. Feel free to Contact us to sell your Net Lease Properties.