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Truist 1000 N Tamiami Trl

11,820 SF 100% Leased Retail Building Nokomis, FL 34275 $4,000,000 ($338/SF) 5.38% Cap Rate

Investment Highlights

  • Two Stories
  • Lots of Windows for Natural Lighting
  • 80 Parking Spaces

Executive Summary

Merritt Realty Corporation is Proud to Present This Investment Opportunity at 1000 N Tamiami Trail in Nokomis, Florida. This 11,820-square-foot Building Offers Access to Amenities Such as Publix, Aldi, Dunkin Donuts, Starbucks, Race Track, Wawa, Bank of America, Cvs, Dollar General, and the United States Postal Service. The Location of This Property Allows Direct Access to I-75, Laurel Road, State Road 681, and Us-41/Tamiami Trail. With All These Amenities, It is No Surprise That in 2020 There Were 28,453 Households Within a 5-mile Radius; the Average Household Income Within This Radius is $92,286.This Building Was Constructed in 1988, and Includes Two Stories, 80 Parking Spaces, and Lots of Windows for Natural Lighting. Please Contact the Listing Agent to Schedule a Showing, or to Receive More Information.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
11,820 SF
Building Class
B
Year Built
1988
Price
$4,000,000
Price Per SF
$338
Cap Rate
5.38%
NOI
$215,363
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.12
Lot Size
2.21 AC
Zoning
CN
Parking
80 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
201 FT on Tamiami Trl N

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

Nearby Major Retailers

Truist
Publix
First Horizon Bank
Chase Bank
Bank of America
Starbucks
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0170-02-0076
Land Assessment
$1,507,300
Improvements Assessment
$975,300
Total Assessment
$2,482,600
  • Listing ID: 8220875

  • Date on Market: 7/19/2017

  • Last Updated:

  • Address: 1000 N Tamiami Trl, Nokomis, FL 34275

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