715 Imar Dr
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715 Imar Dr
4,800 SF 100% Leased Office Building Sun City Center, FL 33573 $2,500,000 ($521/SF) 6.80% Cap Rate
Investment Highlights
- Great location
- long term tenant
Executive Summary
Property situated in heart of Sun City Center downtown, great visibility, high traffic area. Renovated in 2011 with completer interior improvements, new roof in 2021, new Air condition units , 100% occupied, H&R Block and Salon has been at the location for more than 20years, Doctors office has been there for past 14 years who has spent more than $180,000 for interior renovation.
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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Sale Conditions
Property Type
Office
Property Subtype
Building Size
4,800 SF
Building Class
B
Year Built
1989
Price
$2,500,000
Price Per SF
$521
Cap Rate
6.80%
NOI
$170,000
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.39
Lot Size
0.28 AC
Zoning
PD-MU - Mixed use
Amenities
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | U-12-32-19-9PU-000000-A0000.0 | Total Assessment | $985,000 |
| Land Assessment | $91,912 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $893,088 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
U-12-32-19-9PU-000000-A0000.0
Land Assessment
$91,912
Improvements Assessment
$893,088
Total Assessment
$985,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Presented by
KPJP LLC
715 Imar Dr
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