1994-2004 PLACID LAKE Blvd | Lake Placid, FL 33852
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This Retail Property is no longer advertised on LoopNet.com.
1994-2004 PLACID LAKE Blvd
Lake Placid, FL 33852
Placid Lakes Plaza - Lake Placid, FL · Retail Property For Sale
Investment Highlights
- Gas Station Tenant With a 20-Year Absolute Triple Net (NNN) Lease as the Anchor Tenant, Providing a Stable & Long-Term Income Stream
- Opportunity to Convert Gross Leases to NNN and Extend Current Terms to Maximize Profitability
- Located in the Income Tax-Free State of Florida, Offering a Favorable Financial Environment For Investors
- Four (4) of the Five (5) Units Are Fully Occupied, With Flexible Leases Below Market Rent, Offering Immediate Cash Flow
- Expansive Property Spanning Over 5 Acres, Providing Ample Room For Expansion and Development, Contributing to Increased Cash Flow
- C-Stores Have the Potential to Qualify For Bonus Depreciation; Please Consult Your Tax Attorney or CPA to Discuss This Further
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Supermarket
- General Retail Storefront
- General Retail Storefront Retail/Office
- General Retail Department Store
Building Size
6,280 SF
Building Class
C
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
5.07 AC
Zoning
B2
Parking
65 Spaces (10.35 Spaces per 1,000 SF Leased)
Frontage
248 FT on Placid Lake Blvd
Amenities
- Pylon Sign
Links
PROPERTY TAXES
Parcel Number | C-14-37-29-090-00B0-0000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $448,309 |
PROPERTY TAXES
Parcel Number
C-14-37-29-090-00B0-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$448,309
Learn More About Investing in Retail Properties
Listing ID: 30278653
Date on Market: 12/4/2023
Last Updated:
Address: 1994-2004 PLACID LAKE Blvd, Lake Placid, FL 33852
The Retail Property at 1994-2004 PLACID LAKE Blvd, Lake Placid, FL 33852 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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