2365 Parr Drive

    The Villages, FL 32162
    • $2,794,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: G5023044
    UPDATED: 49 min ago
    $2,794,000
    • 0
      BEDS
    • 1.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,319
      SQFT
    • $525
      $/SQFT
    Type:
    Commercial
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Located on "Banker's Row" in The Villages. This is a rare opportunity to find one of these ground leases come available. Located on corner of C 466 with a full median cut into Preston Dr. This parcel also corners with Parr Dr. in the rear of the property.This is the easiest bank to get into and its right across 466 from the best section of Restaurants and Retail Shopping that The Villages has to offer. This section has some of the highest traffic counts in The Villages at 24,000 average daily trips. This is a absolute triple net lease with 4 years plus on the lease left, with 4-5 year extensions. Income is $167,970 a year and a 6% Cap Rate, Annual Rent Bumps tied to CPI. The actual building is 5,319 square feet with a 1,225 sf Drive thru. Please do not disturb tenant. A confidentially agreement will be required to sign before the lease can reviewed. This parcel has golf cart access!!

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-12-08T21:39:05.753.
    www.buysellthevillages.com/homes/101104066

    2365 Parr Drive The Villages, FL 32162

    • Price: $2,794,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: G5023044
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.61
    Acres
    5,319
    SQFT
    $525
    $/SQFT
    2004
    Built
    Neighborhood:
    Villages Financial Center
    County:
    Sumter
    Area:
    Lady Lake/The Villages
    Property Description
    Located on "Banker's Row" in The Villages. This is a rare opportunity to find one of these ground leases come available. Located on corner of C 466 with a full median cut into Preston Dr. This parcel also corners with Parr Dr. in the rear of the property.This is the easiest bank to get into and its right across 466 from the best section of Restaurants and Retail Shopping that The Villages has to offer. This section has some of the highest traffic counts in The Villages at 24,000 average daily trips. This is a absolute triple net lease with 4 years plus on the lease left, with 4-5 year extensions. Income is $167,970 a year and a 6% Cap Rate, Annual Rent Bumps tied to CPI. The actual building is 5,319 square feet with a 1,225 sf Drive thru. Please do not disturb tenant. A confidentially agreement will be required to sign before the lease can reviewed. This parcel has golf cart access!!
    Exterior Features

    Construction Materials Brick Front Footage 175 Lot Size Dimensions 175 X 345 Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Flex Space Sq Ft 1224 Office Retail Space Sq Ft 5319

    Property Features

    Additional Parcels Yn No Business Type Commercial Flood Zone Code X Net Operating Income 167970 New Construction Yn No Pets Allowed No Property Sub Type Business Special Listing Conditions None Tax Annual Amount 19427.22 Tax Year 2018 Total Num Buildings 1 Zoning Cl


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Smith & Smith Realty, Inc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-12-08T21:39:05.753.
     
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    11714 NE 62nd Terrace, Suite 300
    The Villages FL, 32162