20540 Independence Boulevard

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20540 Independence Boulevard

Groveland, FL 34736
Asking Price
$2.30M
Asset Type
Commercial Industrial
Class
Class B

What's Special

NNN Investment | 3.08± Acres | Excess Industrial Land | Future Development Opportunity <h3>Investment Highlights</h3><ul><li>​3.08± Acres</li><li>​5,787 SF Building</li><li>​Established Daycare Tenant</li><li>​<strong>Business NOT Included</strong></li><li>​NNN Lease</li><li>​Current NOI: <strong>$134,601.84</strong></li><li>​Built-in Rent Escalations</li><li>​Approximately 2 Years Remaining</li><li>​5-Year Renewal Option</li><li>​Rear Industrial Land</li><li>​Highway 27 Frontage</li><li>​Excellent Visibility</li><li>​Immediate Income</li><li>​Future Development Potential</li></ul

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

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