Description
Property has 225 feet of frontage on NW 103rd Street (W 49th St). At 2.82 acres with direct access to the Palmetto Expressway (SR826) the site has great redevelopment potential. Currently 100% leased and cash flowing with 3 long time tenants at at 6.3 cap rate, this investment can continue producing cash flow well into the future or be redeveloped at any point along the way. The IN-1 zoning allows for any use in the B-1;B-2 or B-3 classification. The property is large enough to create multiple buildings on this acreage, perfect for QSR, drive though, self storage, hotel and retail generally.
School Ratings & Info
Description
Property has 225 feet of frontage on NW 103rd Street (W 49th St). At 2.82 acres with direct access to the Palmetto Expressway (SR826) the site has great redevelopment potential. Currently 100% leased and cash flowing with 3 long time tenants at at 6.3 cap rate, this investment can continue producing cash flow well into the future or be redeveloped at any point along the way. The IN-1 zoning allows for any use in the B-1;B-2 or B-3 classification. The property is large enough to create multiple buildings on this acreage, perfect for QSR, drive though, self storage, hotel and retail generally.
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