Triple net investment lot and building for sale on the Treasure Coast in Port Saint Lucie. Located on Glenview Court, just off Port St. Lucie Blvd., west of the Florida Turnpike. Glenview Court is an attractive cul-du-sac with a school, a place of worship, an office building and two vacant lots. Subject property is almost 3/4 of an acre. 5354 sq ft air-conditioned concrete block school building constructed in 1988, built for existing tenant. The original lease dates back to 1989 and has been amended. The new 10-year lease extension begins in 2025. True triple net lease, all expenses paid by tenant, according to owner. Tenants operate schools throughout Florida and the country. Corporate Guarantee!
Complex:
PORT ST LUCIE SECTION 12 1ST REPLAT
Building Type:
Free Standing,Special Purpose
Cooling:
Electric, Central
Utilities
Electric,Public Water,Public Sewer
Owner Pays:
Electric,Insurance,Taxes,Repairs
842 SW Glenview Court, Port Saint Lucie, FL, 34953
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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