JOHN SADRI & COMPANY is proud to present this INVESTMENT OR OWNER-USER OPPORTUNITY, a versatile flex space which houses a state-of-the-art ghost or catering kitchen. It features Captive Aire Exhaust Hood and Grease Fire Suppression System and Extinguisher, gas water heater, enhanced grease trap system and industrial chemical & water resistant flooring (Tnemec). The space includes two entrances, two ADA-compliant restrooms, two office spaces for order processing, and two grade-level roll-up doors with loading bays providing drive-in garages for vehicle or equipment storage with EV charging. 3 Phase 200A power with an additional 60A sub-panel. This space is comprised of two adjoining units; unit 1131 & 1125.
The current CAP RATE is above 7. The tenant is a strong corporate entity and has been there since August 2021 and the lease is set for renewal in December 2026. Tenant is obligated to stay on till the renewal date but also has agreed to VACATE with a 30-day notice. The property is centrally located off of SR 436, in the Anchor Road Commerce Center and is in close proximity to other major transportation routes such as I-4 and US Hwy 17-92. Demographics include population of over 100, 000 and median household income of over $60, 000 a year within a three-mile radius.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$570,000
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 | $456,000 | $456,000 | $456,000 |
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 | $197 | $197 | $197 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,111 | $3,031 | $3,846 |
Total Monthly Payment | $3,400 | $3,320 | $4,135 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.