Property DescriptionThis property has long term tenants with C-5 zoning. Listing agent will be happy to provide you with a current list of C-5 uses. However, this is the highest use for commercial properties and will allow any type of automotive use on the property. The property is 11 commercial condos that are being sold as a package by the same owner. Currently the CAP rate is 5.89% with 2 vacancies that are being advertised for lease at $12.00 per square foot. 2 of the units have paint spray booths built in and in operation by tenants. Property is almost 1 1/4 acres of land.
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Listing provided courtesy of Collier Realty & Mgt. Services
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