Under contract-accepting backup offers. An exceptional leasing opportunity is now available in Pinellas Park, FL. This prime property currently operating as a wing house, is being offered under a triple net lease with a minimum term of five years, though the owner is open to negotiation on the lease terms. The property features over 40 parking spots, ensuring ample space for your patrons, and includes an inviting outdoor patio, perfect for dining and socializing. The property is centrally located, access to major intersections. Inside, you will find a fully equipped kitchen and bar, ready for immediate use, making this an ideal space for restaurateurs looking to expand or establish their business in a vibrant and accessible location. Please note that the property is still operational, and visits are strictly by appointment only. Current tenants have been informed the property is up for lease. Showing will be limited till current tenant move out.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $256,192 | $256,192 | $256,192 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $2,310 | $2,310 | $2,310 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,748 | $1,703 | $2,161 |
Total Monthly Payment | $4,133 | $4,088 | $4,546 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.