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Crestwood Commons Of Lakewood Ranch 5313-5343 Paylor Ln

6,000 SF 100% Leased Office Building Lakewood Ranch, FL 34240 $3,575,000 ($596/SF) 5.75% Cap Rate

Office Space Florida Lakewood Ranch 5313-5343 Paylor Ln, Lakewood Ranch, FL 34240

Investment Highlights

  • Unique Investment – Flexibility to new owner to keep current business operations, take partial space for personal usage.
  • High Tenant Demand – Year after year, developer and current owner has received weekly new tenant inquiries.
  • Turnkey Units – All interiors have modern décor, high ceilings, excellent natural and artificial lighting.
  • Flexible Space – Depending on market conditions and demand, can be configured without modifications to accommodate from 6 to 20 total individual.
  • Favorable Leases in Place – Tenants have a 3% annual rent increase, providing a strong hedge against inflation.
  • *Crestwood Commons is in great condition after the effects of Hurricane Milton

Executive Summary

Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,000 SF
Building Class
B
Year Built
2005
Price
$3,575,000
Price Per SF
$596
Cap Rate
5.75%
NOI
$205,563
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.30
Lot Size
0.46 AC
Zoning
PCD
Parking
30 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Natural Light

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0188-05-5001
  • 0000-00-8373
 Improvements Assessment $158,900
Land Assessment $0 Total Assessment $158,900

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0188-05-5001
  • 0000-00-8373
Land Assessment
$0
Improvements Assessment
$158,900
Total Assessment
$158,900
(818) 618-4522

Contacts

  • Listing ID: 33317919

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 5313-5343 Paylor Ln, Lakewood Ranch, FL 34240

More public record information on 5313-5343 Paylor Ln, Lakewood Ranch, FL 34240

The Office Property at 5313-5343 Paylor Ln, Lakewood Ranch, FL 34240 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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Connor Olandt

(818) 618-4522

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Alex DeSoto

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