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3613 14th Street West
Bradenton, FL 34205
Asking Price
$1.90M
Asset Type
Storefront Retail
Class
Class B
What's Special
Sale-Leaseback Investment Opportunity <ul><li>Investment and owner-user opportunity</li><li>Approximately 5,250 SF multi-tenant commercial building</li><li>Built in 2018</li><li>FASTSIGNS occupying approximately 3,375 SF</li><li>Seller to execute a new 5-year sale-leaseback</li><li>Approximately 1,875 SF vacant suite available for occupancy or lease-up</li><li>Projected market rental rate of $22-$25 PSF NNN</li><li>Higher warehouse ceilings with a 12' x 14' overhead door</li><li>Large pylon signage on 14th St. W. with signa
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
