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2555 N Toledo Blade Blvd

5,864 SF Office Building North Port, FL 34289 $1,495,000 ($255/SF) 7.64% Cap Rate

Office Space Florida North Port 2555 N Toledo Blade Blvd, North Port, FL 34289

Investment Highlights

  • Tenant is Riddles Rhymes Academy

Executive Summary

Freestanding ofce condominium building located in Toledo Blade Professional Center, off Toledo Blade Blvd. NNN investment opportunity in North Port. Lease ending 6/30/2027, NOI increases roughly 5% each year. 7.64% Cap Rate. $114,240 Net Operating Income.Metal Roof completed in 2024! 4 HVAC systems all replaced within the past 4 years! Association Dues: $3,300 per quarter. Annual Average Daily Traffic Count on Toledo Blade Blvd 23,000! Tenant has the right to use the playground area until 6/30/2027. Tenant has an early termination option with a 6-month notice.
Call Kayla Weiss-Bohnstedt for additional information/showings 941-268-4423

Attachments

sale brochure 2555 n toledo blade blvd

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
5,864 SF
Building Class
B
Year Built
2006
Price
$1,495,000
Price Per SF
$255
Cap Rate
7.64%
NOI
$114,218
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,864 SF
Building FAR
0.96
Lot Size
0.14 AC
Zoning
PCDN - Planned Community Development
Parking
14 Spaces (2.39 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Day Care
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PROPERTY TAXES

Parcel Number 0962-01-1002 Improvements Assessment $906,000
Land Assessment $0 Total Assessment $906,000

PROPERTY TAXES

Parcel Number
0962-01-1002
Land Assessment
$0
Improvements Assessment
$906,000
Total Assessment
$906,000
(941) 268-4423

Contact

  • Listing ID: 34108607

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 2555 N Toledo Blade Blvd, North Port, FL 34289

More public record information on 2555 N Toledo Blade Blvd, North Port, FL 34289

The Office Property at 2555 N Toledo Blade Blvd, North Port, FL 34289 is currently available for sale. Contact Coldwell Banker Commercial Realty for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2555 N Toledo Blade Blvd
(941) 268-4423 x

2555 N Toledo Blade Blvd

Kayla Weiss-Bohnstedt

(941) 268-4423

(941) 268-4423

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